Report: Regional Office Vacancy Rates Continue to Grow with More Supply on the Way

Puget Sound Business Journal   |   Shawna De La Rosa

Posted In — News & Press | In the News

More than two years after workers left their offices as part of a vast social distancing effort at the start of the pandemic, the region’s return-to-office rate is still low and the office vacancy rate continues to grow.

A Kidder Mathews report released last week shows the regional office vacancy rate was 10% for the second quarter, continuing a 10-quarter trend where vacancy rates have risen eight times.

For the full story, go to the Puget Sound Business Journal.

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