Report | Seattle Bellevue Tech Office Outlook - 2015
A number of positives lead a strong tech sector in the Seattle-Bellevue area, including a wealth of young talent, high-quality real estate and the quality of life offered in the market.
Despite these factors and strong rent growth, both commercial and residential rents remain affordable. And to combat the low availability of large-block space, several million square feet of office product will come to the market in the next 24 months.
The major challenge for the local tech industry is filling the estimated 25,000 job openings that have remained outstanding for more than six months.
Learn more about current market conditions across Seattle-Bellevue—and how we expect them to shift in the coming months—specifically as they relate to the tech industry.
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