Eastside Office Vacancy Climbs to 22.4%, but 755,000 SQFT of Signed Bellevue Leases Wait in the Wings

Broderick Group's third-quarter data shows the Eastside shed 292,618 square feet of occupied office space and pushed vacancy to 22.4 percent, but a record 755,047 square feet of signed, not-yet-occupied leases in Downtown Bellevue suggests the headline number overstates the market's weakness.