2+U 2+U, Skanska’s 38-story class-A office building, will total 686,000 square feet when completed.

SEATTLE—The primary office space driver continues to be the push from tech companies expanding Puget Sound footprints, according to a first quarter report by Kidder Mathews. This, coupled with growth from some of the newer tech firms such as Tableau, Valve, Indeed and WeWork, is encouraging developers to take notice, and they have. Meanwhile, Microsoft, Facebook, Costco and REI are all self-developing new office product at Eastside locations.

As for the CBD’s demand, Dropbox Inc. recently committed to a 120,886-square-foot lease within four floors at 2+U, Skanska’s 38-story class-A office building currently under construction. The data storage provider is expected to take occupancy in late 2020.

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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.

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