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Seattle's Office Vacancy Soars Amid Tax Surge

Seattle's Office Vacancy Soars Amid Tax Surge

Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 13, 20261m 45s

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Show Notes

Downtown Seattles office vacancy rate soars to record 35.6% in Q4 2025, as new business taxes push companies out of the city. Amazon shifts jobs to Bellevue, with vacancy rates climbing steadily since 2023. Lower taxes in Bellevue, despite higher rents, contribute to Seattles challenges alongside hybrid work, tech slowdown, homelessness, and safety concerns.

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