The Seattle area’s sizzling tech economy and changing tax laws fueled the office sector’s stellar growth in the fourth-quarter of 2019
Leasing
The quarterly results, however, are skewed by one project as the longer-term prospects remain robust
The city led the way in space absorbed, driven by robust tech-firm leasing activity
E-commerce giant’s proposed 43-story office tower will be located across the street from another planned office-tower development
The slowdown is seen as temporary, however, as market fundamentals remain strong
The submarket accounted for 74 percent of the space leased in large deals in first-quarter 2019
Puget Sound region boasts record-high job, construction and investment activity, report shows