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BELLEVUE, WA-The $462-per-sf purchase price is the highest ever for a property in the Seattle area, topping the December sale of IDX Tower, a much larger building in Downtown Seattle that sold for closer to $400 per sf.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!