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CoStar Insight

Low vacancy sets Seattle’s medical office market apart

Limited availability and steady leasing support medical office performance
CoStar Analytics
March 25, 2026 | 6:45 P.M.

Last year, Seattle’s medical office market continued to distinguish itself from the broader office sector, maintaining a low, single-digit vacancy rate. In contrast, the overall office market struggled with high vacancy and availability.

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News | Low vacancy sets Seattle’s medical office market apart