Market Share

The Official Blog for Commercial Real Estate

Author: Gary Baragona

Seattle downtown office buildings

Seattle Office Market: Current Headwinds and Future Optimism

The slow recovery of the U.S. economy continues to have an impact on the office market in Seattle as well as across the county. Despite steady job growth and moderate economic recovery gains during the first half of 2023, the Puget Sound regional economy is still struggling and will face continued headwinds during the near term, bringing an enduring sense of uncertainty and concern.

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