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Seattle’s Office Crisis Deepens with 30% Vacancy Rate and Stalled Development

August 7, 20253 Mins read839
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Seattle, Colliers, 1000 Washington, Seattle CBD, Northlake Commons, Lake Union, Belltown, Denny Regrade, Queen Anne, Magnolia
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Seattle’s office market continued its correction in mid-2025, with mounting vacancy, subdued leasi
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