Seattle

601 Union Street
Suite 5300
Seattle, WA 98101
USA
Main + 1 206 223 0866
Fax + 1 206 223 1427

Bill Condon
Executive Vice President & Managing Director
+1 206 624 7400
bill.condon@colliers.com

Q2 2017 Puget Sound Office Knowledge Report

The Seattle/Puget Sound office market continued its momentum through the first half of 2017. The regional vacancy rate ended the second quarter at 8.2%, 20 basis points above the first quarter as the market continues to absorb new fully-leased office developments. The Puget Sound office market tallied 660,917 SF of positive net absorption during Q2, bringing 2017’s year-to-date absorption total to almost 1.5 million SF.

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Seattle
601 Union Street, Suite 5300 Seattle, WA 98101 United States | Tel: +1 206 223 0866