Subscribe
Home Commercial Seattle’s Office Market Contraction Continues As Vacancy Climbs and Companies Shed 380,000 SQFT
CommercialFeaturedFinanceIndustry News

Seattle’s Office Market Contraction Continues As Vacancy Climbs and Companies Shed 380,000 SQFT

April 21, 20254 Mins read901
Share
lily-p-LAnQTeRBFOs-unsplash-Seattle
Photo by Lily P on Unsplash
Share

Seattle's office market is displaying early signs of revival in Q1 2025, though significant challenges remain. According to CBRE's latest report, downtown Seattle is experiencing a worker resurgence with daily employee numbers reaching 94,000 in February 2025 - a substantial 63 percent recovery from pre-pandemic levels and a 7 percent increase year-over-year. This positive trend […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
alexandra-tran-On4_EraSEQs-unsplash Previous post Cultivate Initiatives to Launch $1.4MM, 20-Unit Workforce-Focused Tiny Home Village in Portland

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts

alexander-mils-xISlt5k2sfs-unsplash-profit money economy

Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants

ByOctober 1, 2026


Recent Posts

townhomes

125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM

ByOctober 1, 2026
Apartment building with a pink background

Rise Properties Trust Affiliate Sells 366-Unit The Groves in Kent to Trinity Affiliate for $72MM

October 1, 2026
alexander-mils-xISlt5k2sfs-unsplash-profit money economy

Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants

October 1, 2026
warehouse facade

Birch Community Services Leases 51,000 SQFT East Portland Warehouse, More Than Doubling Its Space

October 1, 2026
Aerial view of Renton, WA

La Caisse Affiliate Sells 116,000 SQFT Renton Warehouse for $19.6MM in Third Puget Sound Exit in Two Weeks

October 1, 2026
Related Articles
townhomes
FinanceIndustry NewsResidential

125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM

The newly built Lacey community of three- and four-bedroom townhomes sold for...

ByOctober 1, 2026
Apartment building with a pink background
FinanceIndustry NewsResidential

Rise Properties Trust Affiliate Sells 366-Unit The Groves in Kent to Trinity Affiliate for $72MM

Trinity Property Consultants, which manages about 45,000 units nationwide, picked up the...

ByOctober 1, 2026
alexander-mils-xISlt5k2sfs-unsplash-profit money economy
FeaturedHospitalityIndustry NewsResidentialRetail

Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants

Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1,...

ByOctober 1, 2026
warehouse facade
IndustrialIndustry NewsLeasingPortland

Birch Community Services Leases 51,000 SQFT East Portland Warehouse, More Than Doubling Its Space

Birch Community Services is gaining 29,000 square feet, better loading and more...

ByOctober 1, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com