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Home Commercial Puget Sound Office Leasing Accelerates to 2.1MM SQFT in Q1 2026 as Availability Falls to Lowest Level Since Late 2024
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Puget Sound Office Leasing Accelerates to 2.1MM SQFT in Q1 2026 as Availability Falls to Lowest Level Since Late 2024

April 2, 20263 Mins read881
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Amazon, Puget Sound, Seattle, Bellevue, South Lake Union, Los Angeles, Long Beach, Santa Ana, San Diego, Carlsbad, San Marcos, Bay Area, San Francisco, Oakland, Fremont, San Jose, Sunnyvale, Santa Clara
Courtesy of Abbe Sublett
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Savills report finds technology and AI tenants driving demand across core submarkets, with Microsoft, OpenAI, and Puget Sound Energy among the quarter's largest transactions The Seattle/Puget Sound office market opened 2026 on stronger footing, as first-quarter leasing activity climbed to 2.1 million square feet, up from 1.8 million square feet a year earlier, according to […]

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