📊 Seattle Office Market Record Vacancy

December 03, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

🚚 USPS EV fleet delays spark controversy
🏦 CME Group gains SEC approval for new clearing house
🌍 Global economy defies expectations with 3.2% growth
🏢 Seattle office vacancies hit record highs
🏠 Atlanta homebuyers increasingly backing out of deals
🎁 +8 more stories you might like
🚚 USPS Electric Vehicle Fleet Faces Delays Amidst Cost Concerns Link
  • USPS's EV fleet rollout is behind schedule, with only 612 of the planned 35,000 vehicles built.
  • Senator Joni Ernst criticizes the $3 billion expenditure as wasteful, calling for a rescission of funds.
  • The project faces production challenges, with slow manufacturing rates and issues in vehicle testing.
🏦 CME Group's New Securities Clearing House Receives SEC Approval Link
  • CME Group's new securities clearing house, CME Securities Clearing Inc., gains SEC approval.
  • The clearing house will support compliance with upcoming U.S. Treasury and Repo transaction clearing mandates.
  • CME Group continues to enhance market efficiencies with expanded clearing capacity and cross-margining opportunities.
🌍 Global Economy Surprises with Robust 3.2% Growth Amid Trade Challenges Link
  • The OECD upgrades its global growth forecast to 3.2% for this year, despite trade tensions.
  • U.S. growth also revised upward to 2%, buoyed by AI investments and lower-than-expected tariffs.
  • China and India continue to drive global growth, with China maintaining 5% and India at 6.7%.
🏢 Seattle's Office Market Faces Record Vacancy Rates Link
  • Seattle's office vacancy rate reaches 17.3%, with projections to peak at 18.3% in 2026.
  • Declining demand and tech industry downsizing contribute to the commercial real estate slump.
  • Landlords offer aggressive concessions to attract tenants amidst the high vacancy environment.
🏠 Rising Buyer Cancellations Shake Atlanta's Housing Market Link
  • Nearly 20% of Atlanta homebuyers are backing out of deals, up from 16.5% last year.
  • Buyers leverage increased negotiating power amid high home prices and economic uncertainty.
  • The trend reflects broader challenges in the Sun Belt housing market, with affordability concerns.

Other news & articles you might like

  • 🔍 Investigation launched into Live Nation (Link)
  • 🔋 Sunrise New Energy secures $30M supply contract (Link)
  • 🌍 Calystron Capital expands globally into Europe and Asia (Link)
  • 📈 OCM APP to complete IPO, expanding globally (Link)
  • 🏢 South Bay tech campus sold for over $50M (Link)
  • 🚜 Monarch Tractor cuts over 100 jobs (Link)
  • 🌱 Broco Energy secures New England renewable diesel contract (Link)
  • 💰 Western Midstream prices $1.2B notes offering (Link)

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