Seattle’s office market showed signs of cautious momentum in Q1 2025, with increased leasing led by WeWork’s 133,059 SF renewal in Bellevue and a wave of mid-sized deals across South Lake Union and the Eastside. Downtown Seattle vacancy approached 28%, but demand for high-quality space remains  steady. Submarkets like Kirkland and Lake Union continue to outperform the broader region. Investment activity remains slow, with limited trades and  ongoing pricing uncertainty. However, return-to-office momentum is growing as companies like Amazon and eBay double down on in-office mandates. If demand holds, 2025 could mark a turning point.