office market
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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,...
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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...
CommercialFeaturedFinanceIndustry NewsLeasing
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...
CommercialFeaturedIndustry NewsLeasing
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...
