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Owner-Users Outbid Investors for Puget Sound Office Buildings, Paying Up to $969 Per SQFT as Downtown Towers Trade Near $58

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Photo by @Chrissy Langston on Unsplash
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Buyers that intend to occupy what they buy paid well above investor pricing for smaller Puget Sound office buildings in the third quarter of 2026, according to CBRE, with one Bellevue school campus trading at more than 16 times the per-square-foot price of a downtown Seattle tower.

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