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Apple signs lease, plans major expansion in Seattle
Wednesday January 8, 2025. 11:27 PM , from Mac Daily News
Jackie Kent for KOMO News: Colliers reports the tech giant made a direct deal with the landlord for the nearly 193,000-square-foot space at Arbor Blocks West in South Lake Union. Meta reportedly terminated its lease early to make way for Apple. Like a lot of downtown employers, they’ve made it clear they value in-person collaboration, and the neighborhood stands to benefit,” stated James Sido with the Downtown Seattle Association. “Companies locating downtown brings more foot traffic for small businesses, arts and culture, entertainment and helps fill new public spaces, with the neighborhood vibrancy elevated in the process.” The tech company’s move is encouraging for the city, too, where approximately 30-percent of office space is vacant, according to a new report from Colliers. “I would say the biggest hurdles are return to office policies, and frankly, motivating employees to come back downtown voluntarily,” Colliers Puget Sound Executive Managing Director Scott Blankenship added. MacDailyNews Take: Here’s a look: Apple is expanding in Seattle, marking the city’s largest new office space lease since 2019, according to a report from investment management company Colliers. Details about the move into SLU at 3:30, 5 and 6 @komonews pic.twitter.com/cxEwxDAhPt — Jackie Kent (@JackieKentNews) January 7, 2025 We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Read on Substack Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple signs lease, plans major expansion in Seattle appeared first on MacDailyNews.
https://macdailynews.com/2025/01/08/apple-signs-lease-plans-major-expansion-in-seattle/
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