Disney downsizes its Seattle office space in latest corporation exodus from region

Disney downsizes its Seattle office space in latest corporation exodus from region

The Walt Disney Company decided to downsize its office space in Seattle last quarter

Disney downsizes its Seattle office space

The Walt Disney Company decided to downsize its office space in Seattle last quarter, according to a report from CBRE Commercial Real Estate last week. The entertainment conglomerate renewed its lease, located within the Fourth & Madison Tower, earlier this year, but not without reducing the space needed from 170,000 square feet to 121,600—an approximate 28% reduction. According to The Puget Sound Business Journal, the Seattle office is dedicate…

Walt Disney Co. Decreases Office Space in Seattle to 121,600 SQFT at Fourth & Madison Tower - The Registry

By The Registry Staff As major companies in the Puget Sound region continue to evaluate their space needs, one is downsizing its footprint in Seattle. The Walt Disney Co. has significantly downsized its office space in Seattle, according to a recently released office market report from CBRE. Though the firm renewed its lease at the 39-story Fourth & Madison tower, it reduced its occupancy from 170,000 square feet to 121,600 square feet, represen…