Post

Seattle: still not dying!

bizjournals.comDowntown Seattle records leasing gains for first time since 2021 - Puget Sound Business JournalSeattle's downtown core gained 300,000 square feet of office leases in the third quarter.

16/10/26, 7:22 pm17 reposts136 likes

john-stebsenson.bsky.social

@john-stebsenson.bsky.social

Downtown Seattle Association report reveals Seattle lost over 18,000 jobs (with 70% hitting downtown), while office vacancy rates sit at a staggering 35.6% due to high taxes and remote work. Major retailers like Nike have exited, and a recent poll shows 68% of voters feel the economy is weakening.

Stormy 🐾

@vtstormy.bsky.social

Didn't really have to read further than "Downtown Seattle Association" before my eyes rolled to the back of my head and out my mouth Also, Nike? The sweatshop company? Since when did anybody care about them?

Dr. Ew

@skweetis.bsky.social

Just yesterday I was on the bus and realized that the building that used to house the I-Spy on 3rd between Pike and Virginia has been boarded up and vacant for, I don't know, two decades? What is going on with a market where it makes sense to not lease a property for that long?

Seasherm

@seasherm.bsky.social

Hey Robert. Thank you for your leadership in Seattle.

awwthatstoobad

@awwthats2bad.bsky.social

I can’t see the article. Is this commercial leading or residential. Bc not a single person 45 years and younger are excited or support return to office mandates.