Listen to this article 5 min
Eight years after entering the Seattle market, Pinterest is moving into its first permanent local office.
Pinterest Inc. (NYSE: PINS) is leasing permanent space in Seattle’s Denny Triangle neighborhood.
The online bookmarking site is moving into Met Park East at 1730 Minor Ave., according to permit filings with the city, and will take 21,520 square feet in the tower. GeekWire first reported the news.
It will be San Francisco-based Pinterest’s first permanent office in the region after operating for eight years out of a downtown Seattle WeWork office.
Pinterest did not return requests for comment. CBRE, which markets and leases Met Park East for owner Beacon Capital Partners, did not return a request for comment.
Just over half the 389,000-square-foot tower is available for lease, Beacon’s website shows. Current tenants include Beacon and Providence, according to public filings.
Though Seattle’s office vacancy rate climbed to over 28% in the third quarter, commercial real estate brokers are expressing “cautious optimism” that the worst may be over as employers like Amazon call employees back to the office full time.
Pinterest entered the Seattle market in 2016 with the opening of a sales and engineering office in a WeWork space. Within a year, the company reported it had 55 Seattle-based employees.
Pinterest has about 4,000 employees companywide as of Dec. 31, 2023, according to a federal filing.
Other company offices are located in Toronto, New York, Atlanta, Los Angeles, Chicago and Palo Alto, California.
For more stories like this one, sign up for the Business Journal’s free morning and afternoon daily newsletters or download our free app.
RESET Seattle
Hear from high-level speakers in this half-day conference about regrowing our region.
2025 Family Business Awards
PSBJ's Family Business Awards serves as a high-level resource for family-run companies and shines a bright light on the region's most innovative and fast-growing family businesses.
© 2024 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated August 13, 2024) and Privacy Policy (updated July 3, 2024). The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.
