Wednesday, June 10, 2026
Family Office Briefing on research byLee & Associates·Oct 29, 2024

2024 Q3 Pacific Northwest, WA - Office

Seattle office market faces continued challenges with rising vacancy rates in Q3 2024 — family offices should consider co-GP opportunities with disciplined operators.

Office2024

Key Metrics

MetricValue
Vacancy Rate15.7%
Net Absorption-2.7million square feet
Average Asking Rent36.82$/SF

Metrics extracted from the source report and independently fact-checked. Method →

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