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Market Insight

Eastside Market Snapshot Q2 2024

Since the start of 2024, tenant demand has remained relatively strong, but hyper-focused on best-in-class, well-located, amenitized assets.

Some, but not enough, of that demand is beginning to trickle out to the suburban markets demonstrated by an undisclosed tenant leasing 26,000 SF at Kirkland Ascent and Verizon subleasing 33,000 SF of T-Mobile space along the I-90 Corridor.

18.1% Vacancy
41,404,749 Total SF
7,512,471 Vacant SF
Puget Sound Commercial Real Estate Market Insight