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Real Estate Buzz
 Joe Nabbefeld Real Estate Editor |
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May 1, 2003
Real Estate Buzz: At 25% vacant, has BofA Tower hit bottom?
By JOE NABBEFELD
Real Estate Editor
Real Estate Editor
The 76-story Bank of America Tower in downtown Seattle is one-fourth vacant.
That's not unexpected, even though it's about 10 percentage points higher than the vacancy rate for all of downtown Seattle. The 1.5 million-square-foot skyscraper's biggest vacancy, created when Preston Gates & Ellis moved to the new IDX Tower, became official in January but has been known for about two years.
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Previous columns:
- Real Estate Buzz: Apartment vacancies reach 20-year high, 04-24-2003
- Real Estate Buzz: Hotel may replace offices in 2200 Westlake, 04-17-2003
- Real Estate Buzz: Martin Smith touched people of many walks, 04-10-2003
- Real Estate Buzz: Alexandria leaves them guessing on1616 Eastlake, 04-03-2003
- Real Estate Buzz: Empty $20M office building sells for $5M, 03-27-2003
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