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AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%

October 16, 20264 Mins read910
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Kidder Mathews' third-quarter 2026 report shows the Puget Sound office market logging 113,000 square feet of positive net absorption on the strength of AI company expansion, even as regional vacancy remains stuck at 23.3 percent and new construction has all but disappeared.

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