{"id":46203,"date":"2025-12-19T07:30:28","date_gmt":"2025-12-19T04:30:28","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=46203"},"modified":"2025-12-19T13:30:40","modified_gmt":"2025-12-19T10:30:40","slug":"slalom-renews-anchor-office-lease-seattle-pioneer-square","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/slalom-renews-anchor-office-lease-seattle-pioneer-square\/","title":{"rendered":"Slalom Renews Anchor Lease at Pioneer Square Tower"},"content":{"rendered":"<p>Global technology consulting firm Slalom recently renewed its office lease in Seattle\u2019s Pioneer Square. The anchor tenant at Slalom Hawk Tower has renewed and extended its lease at Slalom Hawk Tower through 2034.<\/p>\n<p>Encompassing roughly 76,000 square feet of downtown <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/wa\/seattle\/\" target=\"_blank\" rel=\"noopener\">Seattle office space<\/a>, the deal represents one of the most significant commitments that the market has seen in recent years and a clear vote of confidence in the future of the Pioneer Square submarket \u2014 a location that continues to appeal to companies seeking to offer a workplace rooted in culture, connectivity, and a genuine sense of place.<\/p>\n<p>Inked at a time when companies are carefully weighing decisions about where and how to invest in workplace environments, this renewal strengthens the momentum that Pioneer Square has sustained and supports the neighborhood\u2019s role as a center of economic and cultural activity.<\/p>\n<p>\u201cSlalom Hawk Tower reflects the business we\u2019ve become \u2014 a space where our teams work together; collaborate with customers and partners; and stay connected to our community,\u201d said Tony Rojas, president of Slalom. \u201cIt aligns with our brand and culture, providing the flexibility and energy to fuel innovation and growth for years to come.\u201d<\/p>\n<p>\u201cThis renewal represents more than square footage,\u201d said Greg Steinhauer, president of property owner Steinhauer Properties. \u201cIt reflects a shared belief in Seattle\u2019s resilience and in the creative force that thrives here. Slalom\u2019s belief in Hawk Tower, and their continued commitment, underscores the building\u2019s role as a gathering place for innovation.\u201d<\/p>\n<p>Slalom first moved its headquarters office from Seattle\u2019s Exchange Building to Hawk Tower at 255 S. King St. in 2024. The firm had more than 1,700 employees based in Seattle when <a href=\"https:\/\/www.bizjournals.com\/seattle\/news\/2023\/10\/03\/slalom-seattle-headquarters.html\" target=\"_blank\" rel=\"nofollow noopener\">it first signed on<\/a> for office space at the office tower that would also adopt its name.<\/p>\n<p>Completed in 2018, the mid-rise property incorporates 209,000 square feet of rentable, class A+ office space and rises 18 stories, including two floors of retail and three levels of parking. The steel frame and glass exterior property is located in an Opportunity Zone and has earned a LEED Silver certification. It also features 19,439-square-foot floor plates; an on-site conference center; and sweeping views of Puget Sound, the downtown skyline, and the Stadium District.<\/p>\n<div id=\"attachment_46204\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/12\/CE_Slalom-Hawk-Tower-LEED-SIlver-class-A-office-space-in-Seattle-at-255-South-King-Street.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-46204\" class=\"size-full wp-image-46204\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/12\/CE_Slalom-Hawk-Tower-LEED-SIlver-class-A-office-space-in-Seattle-at-255-South-King-Street.jpg\" alt=\"street level view of Hawk Tower in Pioneer Square , Seattle\" width=\"640\" height=\"800\" srcset=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/12\/CE_Slalom-Hawk-Tower-LEED-SIlver-class-A-office-space-in-Seattle-at-255-South-King-Street.jpg 640w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/12\/CE_Slalom-Hawk-Tower-LEED-SIlver-class-A-office-space-in-Seattle-at-255-South-King-Street.jpg?resize=120,150 120w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/12\/CE_Slalom-Hawk-Tower-LEED-SIlver-class-A-office-space-in-Seattle-at-255-South-King-Street.jpg?resize=240,300 240w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><p id=\"caption-attachment-46204\" class=\"wp-caption-text\"><em>The Hawk Tower office property in Seattle, at 255 S. King St., is LEED Silver-certified.<\/em><\/p><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Although the larger Seattle office market recorded the highest vacancy rate among top Western U.S. markets \u2014 nearly 27% in November, it maintained some of the most affordable asking rates in the region (an average of $34 per square foot last month). According to data analyzed in our <a href=\"https:\/\/www.commercialcafe.com\/blog\/national-office-report\/\" target=\"_blank\" rel=\"noopener\">national office report<\/a>, it also remained one of the few top markets in the country to command sale prices above $200 per square foot. Tenant flight to quality continues to keep top-tier office space well above the challenges facing properties that are less modernized and offer fewer amenities on site or in the vicinity.<\/p>\n<p>\u201cWhile New York City is leading the office comeback and the AI sector is driving recent demand in San Francisco and in the Bay Area, office recovery elsewhere has been nuanced and varies greatly city by city and even building by building,&#8221; explained\u00a0Peter Kolaczynski, director at Yardi Research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Slalom renews and extends its anchor tenant lease through 2034 about a year after moving its Seattle headquarters office to the Hawk Tower in Pioneer Square. <\/p>\n","protected":false},"author":48,"featured_media":39477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,4014,39],"tags":[],"class_list":["post-46203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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