2+U, Skanska's 38-storyclass-A office building, will total 686,000 square feet whencompleted.
SEATTLE—The primary office space driver continues to be the pushfrom tech companies expanding Puget Sound footprints, according to afirst quarter report by Kidder Mathews. This, coupled with growthfrom some of the newer tech firms such as Tableau, Valve, Indeedand WeWork, is encouraging developers to take notice, and theyhave. Meanwhile, Microsoft, Facebook, Costco and REI are allself-developing new office product at Eastside locations.
As for the CBD's demand, Dropbox Inc. recently committed to a120,886-square-foot lease within four floors at 2+U, Skanska's38-story class-A office building currently under construction. Thedata storage provider is expected to take occupancy in late2020.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
