Office Market
Greater Seattles Booming Office Submarkets Are Among the Spendiest in the Nation
Average office-property prices in Seattles Lake Union neighborhood make it the eighth most expensive submarket in the country, a new study finds
The Amazon World Headquarters Campus Spheres terrariums in Seattles South Lake Union neighborhood.
Seattles Suburban Office-Leasing Market Contracts Slightly in Q2
The quarterly results, however, are skewed by one project as the longer-term prospects remain robust
The Seattle suburban office market recorded an uptick in the overall vacancy rate as well as rent in the second quarter, driven primarily by the completion of the Southport office campus in Renton, which came online fully vacant and with high rent, according to the latest market assessment by Cushman & Wakefield. Overall in the…
Bellevue Area Dominates Downtown Seattle in Big Leasing Deals
The submarket accounted for 74 percent of the space leased in large deals in first-quarter 2019
Overall office leasing activity in the region is dominated by downtown Seattle, as might be expected, with the citys central business district accounting for nearly 54 percent of total leased square footage in the first quarter of the year. But, in a sign of shifting real estate trends, nearly three-quarters of the square footage involved…
Spotlight: The Space Age
The Seattle/Bellevue office market is enjoying a historic boom.
Youd have to go all the way back to the heady days of the dot-com boom in 2000 to match the amount of new office space coming on to the Seattle/Bellevue market this year. Its been 17 years since this much office space has been set to be delivered, according to a Q4 2016 report…