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Demand for retail properties edges higher in the Seattle region in the first quarter of 2026

The increase follows years of occupancy losses tied to redevelopment
CoStar Analytics
April 13, 2026 | 3:29 P.M.

The Puget Sound region’s retail sector showed early signs of stabilization at the start of 2026, as absorption — the net change in occupied space — shifted into positive territory for the first time since the third quarter of 2024.

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