[Schiendelman]

Why is Seattle impacted worse? Because so much of our office space was tech companies that decided they didn't need as much office space and can do their work remotely.

Look up the old owner and you'll realize why it doesn't really matter that they're taking a massive loss, and why I don't really care. I left it out because it's already a long comment and that's not really relevant.

They could have written an article about how foreclosures on office buildings take a long time and that sublet offerings in Seattle are turning over at a healthy rate. And the owner of a company in media absolutely influences that coverage, why do you think everybody's worried about CBS, or for a long time Fox News?

[BryantD]

Think it's significant that Zillow's one of the few significant tech companies to maintain full remote working? They don't leave an Amazon-sized hole in downtown, but they had quite a few floors.

[Schiendelman]

I don't think they closed their office - have they reduced their actual leased footprint?

[BryantD]

They kept at least the main floor in Russell Investment Center. I don’t know if they have all ten+ floors any more. They were trying to sublease around 100K square feet right after the pandemic but I haven’t seen any news since then.

[Schiendelman]

Yeah, if they're subletting they probably can't get out of the space. I bet they were successful.