Amazon leases even more! South Lake Union property will lease more space in downtown Seattle’s 1800 Ninth Avenue Building than previously thought.

Commercial real estate company Kidder Matthews reported on Thursday that the online retailer signed a lease for 150,000 square feet. The lease had been rumored for several months, though it had been said that Amazon was taking only 100,000 square feet.

The information was in Kidder’s first-quarter report, which states that the region’s office vacancy rate held steady at just over 10.3 percent. Considering the number of leases signed at the end of late year, vacancy rates are expected to decline this year.

Other highlights from the report include:

— The Seattle vacancy rate varies from 6 percent in the Lake Union area to just over 14 percent in downtown Seattle. The Lake Union rate should fall below 4 percent with Amazon’s leasing activity.

— As previously reportedState Farm Insurance is negotiating leases for the former Russell Investments space in Tacoma. Initial estimates indicate the company will take a total of 290,000 square feet.

— The South King County market had a burst of leasing, resulting in the most amount of space being absorbed in 10 years.

— Across the region, there are only 17 spaces larger than 100,000 square feet available. This is a relatively small number in a market of about 182 million square feet.

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