Redmond and Kirkland Post Single-Digit Office Vacancy While Bellevue CBD Sits at 26%

While downtown Bellevue's trophy towers carry the region's highest rents and a 26 percent vacancy rate, Redmond and Kirkland have quietly become the Eastside's tightest office markets, with Redmond alone accounting for most of the Eastside's net absorption this year as Microsoft pulls its employees back to the office.