Ongoing Appetite for Close-In Space Keeps Construction Humming

Connect CRE   |   Lisa Brown

Posted In — News & Press | In the News
sunny seattle skyline

The end of the first quarter 2021 marked the one-year point since the onset of COVID-19 and there are more impacts on the regional office market. With the pandemic continuing to take its toll on the local and national economy, the quarter’s office data shows a sharp spike in regional vacancy, going from 7.7 percent last quarter to 9.02 percent as of late, according to Kidder Mathews’ quarterly report.

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