office market
We Ranked Puget Sound’s Office Submarkets for AI Startups. Bellevue Isn’t #1.
OpenAI, Databricks and Uber went to Bellevue; Anthropic took 113,000 SF in South Lake Union. We ranked eight Puget Sound submarkets on what...
Businesses Now Carry 68% of Seattle’s $2.8B Tax Bill as City Sheds 24,000 Jobs, DSA-Chamber Study Finds
A new ECOnorthwest analysis commissioned by the Downtown Seattle Association and the Seattle Metropolitan Chamber of Commerce finds the city’s tax collections have...
Seattle’s Pioneer Square Office Vacancy Sits at 32.8% With 2.2MM SQFT on the Market
Flinn Ferguson Cresa's third-quarter review of Seattle's Pioneer Square/Waterfront office submarket finds roughly one-third of its 6.6 million square feet vacant or listed...
Formation Report Finds Seattle Added Just 16 Mid-Sized Tech Firms as Rivals Added Dozens
Formation's assessment of Seattle's economy shows the city added only 16 mid-sized technology firms between 2017 and 2023 while San Francisco added 104,...
Formation Report Pinpoints Seattle-Bellevue Tax Gap as Prime Driver of Eastside Office Migration
Formation's assessment of Seattle's economy models a per-engineer tax gap of $10,000 to $30,000 a year between Seattle and neighboring Bellevue, offering a...
Formation Report Warns Seattle’s Office Vacancy and Tax Base Are Locked in a Downward Spiral
A new independent assessment of Seattle's economy finds the city's record office vacancy and its reliance on a handful of tech employers for...
Seattle Office Availability Eases to 32.1% in Q2 2026 as Big Tech and AI Leases Anchor Downtown
Seattle's battered office market posted its first meaningful improvement in availability in several quarters, as a burst of large technology and professional-services leases...
