Seattle
Three Markets, Three Funding Stories: Bay Area Life Science VC Holds at $8.3B as San Diego and Seattle Slide
Bay Area life science companies raised $8.3 billion through the third quarter while San Diego and Seattle funding fell by a third and...
West Coast Office Leasing Surges 51% as Texas Cools, Savills Data Shows
The five California markets Savills tracks leased 15.9 million square feet of office space in the third quarter, up 51 percent from a...
Bay Area Lab Sublease Vacancy Falls to 3.7% as Direct Vacancy Climbs, Shifting the Glut to Landlords
Bay Area life science tenants have pulled sublease vacancy down to 3.7 percent even as direct vacancy climbed to 20.1 percent, a pattern...
Bay Area Lab Construction Shrinks to 800,000 SQFT as San Diego and Seattle Pipelines Go Dark
The San Francisco Bay Area’s life science construction pipeline has shrunk to 800,000 square feet while San Diego and Seattle have none underway,...
Bay Area NIH Funding Slips to $1.3B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Bay Area researchers slipped to $1.3 billion in the fiscal year that ended Sept. 30, part of...
Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion
Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...
BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers
S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the...
Digital Realty Targets $3B for Open-End Hyperscale Data Center Fund as Arkansas Teachers Commits $100MM
Digital Realty is courting roughly $3 billion in cornerstone capital for a permanent, core-plus vehicle built to own stabilized North American hyperscale data...
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
Kilroy Realty CFO Jeffrey Kuehling Exits as Eliott Trencher Takes Interim Finance Helm
Kilroy Realty Corporation said Chief Financial Officer Jeffrey Kuehling is departing the Los Angeles-based office and life science REIT effective immediately, handing interim...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage's rent-setting...
Trump Stalls Landmark Housing Bill Over Voter-ID Fight, Leaving West Coast Investors in Limbo
The 21st Century ROAD to Housing Act, the biggest federal housing package in a generation, cleared Congress with overwhelming bipartisan support, but President...
