office space
Co-Working Space Provider WeWork Unveils Newest Seattle-Area Location
The New York-based real estate company and provider of shared workspaces also announced plans to open three more area locations
WeWork, a global provider of collaborative workspaces, is unveiling its 18th location in the greater Seattle area as part of a record 52 building openings worldwide in December, with three more sites in the Puget Sound region slated to open in the near future. The newest location is a 76,527-square-foot space in Seattles historic Ballard…
Seattle Tops the Charts in Q2 Among the Nations Leading Office Markets
The city led the way in space absorbed, driven by robust tech-firm leasing activity
Seattle turned in the best performance this past second quarter among the top 10 office markets in the nation, with the biggest drop in vacancy and the largest volume of space absorbed, driven mainly by major tech-company leases, a report by Colliers International shows. The citys office vacancy rate dropped by 1 percentage point, to…
Three Seattle Office-Building Sales Ranked Among the Biggest Deals in the Nation in 2018
The value of the downtown transactions exceeded $1 billion and included more than 1.7 million square feet of space
Seattle lays claim to three of the 50 largest office-building sales in the nation for 2018, according to commercial real estate blog Commercial Cafe. Thats the same deal count registered by Washington, D.C., and San Francisco, although the value of the deals in Seattle, at $1.13 billion, exceeded San Franciscos transaction value (three office sales…
The Future of Work: How Offices Are Changing for the Better
A flexible, dynamic work space greatly improves collaboration and productivity
Sponsored by WeWork Seattle Work as we know it is changing fastand in ways most people cant even imagine. Its not just that jobs are changing; its also how we work, where we work, and how employers are adapting to these new rules. The future of work is all about employee experience, says Jacob Morgan,…
Seattle-Bellevue office space market remains red hot
Despite 17-year high in new space coming on the market, more than half has already been leased.
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 4.6 million square feet total has been set to be delivered, according…