Street
Downtown Seattle
Recent Activity in Last 24 months
Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.
About This Property
Retail Hub on the Verge of Renewal
Downtown Seattle has been a centerpiece of the city’s retail and cultural narrative. Cemented by iconic brands like Nordstrom and Uniqlo, and dynamic destinations such as Pike Place Market and Pacific Place, it remains a critical shopping and tourism corridor. Wh... Read more
Owners
Demographics
Local Expert Analysis
Retail Leasing and Market Dynamics
Retail rents in Downtown Seattle range between $75 and $100 per square foot. The vacancy rate, currently exceeding 20%, underscores the challenges posed by shifts in office occupancy and the lingering effects of the pandemic. However, the acquisition of Pacific Pl... Read more
New Developments
As Pacific Place redefines its role in the downtown ecosystem and major investments continue to enhance the area, Downtown Seattle is on the path to recovery. The next 12 months will see gradual improvements in leasing activity, as retailers recognize the opportunity to secure prime locations at a t... Read more