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SEATTLE-Equity Office Properties' 76-story Downtown landmark comprises 1.5 million sf of rentable office and retail space. Vacancy, which was 30% one year ago, now stands at 24%. A local executive tells GlobeSt.com he expects to see vacancy at 21% by the end of the year.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!