Market Insight

Suburban Demand and Emerging Growth Signals Q2 2025
Downtown Bellevue’s vacancy challenges persist, but steady tours show tenant interest is still alive. Across the Eastside, demand is strongest for turnkey, updated spaces, signaling a slow but promising shift toward growth.
Suburban markets are picking up, especially along I-90 and in Bothell, where tenant demand is the highest in years. Smaller, move-in-ready spaces are leading the way as confidence cautiously returns.
20.5%
Vacancy
42,458,181
Total SF
8,702,322
Vacant SF
