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Larger format retail sees availability uptick in Puget Sound region

While space remains tight, large blocks of available space could test the market
CoStar Analytics
August 21, 2025 | 5:42 P.M.

Seattle's retail market has been one of the country's tightest, with an availability rate in the low single digits over the past decade. However, the market is showing signs of softening. While overall availability remains historically low, larger-sized retail spaces are experiencing a notable rise in available space.

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News | Larger format retail sees availability uptick in Puget Sound region