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Average Office Lease Sizes Decline in Seattle

Pace Remains Steady as Tenants Look For More Amenities and Fewer Square Feet
CoStar Analytics
December 12, 2023 | 8:46 P.M.

In Seattle, companies have pulled back on office requirements, as firms optimize work arrangements and reduce costs by right-sizing physical footprints. This trend — part of a national shift in focus for office occupiers — has paved the way for a decline in average lease size in the Pacific Northwest locale.

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