The article notes that the US overall office vacancy rate is 23%. Seattle is 37%.
Have we reached "peak office" at last?
How many people in offices does society really need, anyway?
Could be Seattle tax/revenue policy. Bellevue WA, the only nearby comparable but smaller tech hub city, has 25% vacancy and expected to drop below 20% - according to Fable.
A lot if it wants to do interesting things.
Could be Seattle tax/revenue policy. Bellevue WA, the only nearby comparable but smaller tech hub city, has 25% vacancy and expected to drop below 20% - according to Fable.