#946 - Seattle's Office Rents Have Second Biggest Drop In The Nation Behind New York
News For Reasonable People
English - January 30, 2022 12:00 - 15 minutes - 11.2 MB - ★★★★★ - 7 ratingsInvesting Business Entrepreneurship san francisco trending news protests defund the police antifa blm seattle conservative republican journalism Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The ongoing delay of return-to-office policies is putting a damper on the nation’s office markets, and Seattle is no exception.
A CommercialEdge report shows the Seattle area’s average office space listing rate in December was down 2.5% from the year prior, to $35.67 per square foot. Only Manhattan’s office market price drop, which is down 7.2% year-over-year, is steeper.
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