Office leasing across the Puget Sound region improved in the first quarter of 2026, with about 2 million square feet of new leases signed. That marked a sharp increase from last year, when the region saw its weakest first quarter in well over a decade.
CoStar Insight
Puget Sound region’s urban cores capture half the office leasing in early 2026
Midsize downtown deals and Eastside tech expansions drive first-quarter activity
CoStar Analytics
May 12, 2026 | 5:45 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- West8
2001 8th Ave, Seattle, WA
- Fourth & Madison
925 4th Ave, Seattle, WA
- Baker Building
1300 27th St, Renton, WA
- JP Morgan Chase Center
1301 2nd Ave, Seattle, WA
- Glacier Building
1200 27th St, Renton, WA
- Companies
- Providence
Health Care and Social Assistance
- Uber
Services
- OpenAI
Professional, Scientific, and Technical Services
- Foster Garvey
Professional, Scientific, and Technical Services
- Morrison Foerster
Professional, Scientific, and Technical Services