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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...

Seattle skyline from Lake Union
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...

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