SoFi is deepening its Seattle footprint with a roughly 33,000-square-foot lease at West8 in the Denny Triangle, giving the fintech more room to grow in the city’s core. The new space adds to its existing downtown presence as landlords work to reposition former Amazon-occupied towers for multiple tenants, and it lands as a handful of mid-size deals start to bring some life back to the Denny Regrade submarket.
The lease was first reported by the Puget Sound Business Journal, which noted that SoFi will take space across multiple downtown buildings. Kilroy Realty confirmed the 33,000-square-foot signing during its Q1 earnings call, saying the deal was executed “in the first few days of the second quarter.” Kilroy's earnings transcript captures those remarks.
Inside West8 and the New Digs
West8, at 2001 8th Ave, is a repositioned 28-story tower that Kilroy lists at roughly 539,226 square feet, complete with LEED certifications and modern tenant amenities. Kilroy's property listing touts a rooftop deck, fitness center and on-site services that ownership says helped lure fresh tenants.
Kilroy told investors that West8 has landed about 76,000 square feet of new leases year-to-date, including a 43,000-square-foot deal with General Motors and the 33,000-square-foot lease with SoFi. MarketBeat framed those signings as evidence of renewed demand in Denny Regrade.
SoFi's Growing Seattle Footprint
SoFi already lists Seattle among its office locations in public filings and continues to hire locally for engineering and product roles, which signals that this lease is an expansion of an existing hub rather than a fresh beachhead. SoFi's SEC filings and local job postings on Built In Seattle point to a downtown presence, and the Puget Sound Business Journal reported that the new agreement will further solidify that footprint.
Denny Triangle Resets After Amazon Pullback
The Denny Triangle has been in flux as Amazon trims some of its downtown office holdings, opening up large blocks of space that landlords are now hustling to refill. GeekWire reported Amazon's planned exit from a nearby building at 1915 Terry Ave, and local coverage shows owners like Kilroy pitching revamped towers such as West8 to a new slate of tenants. Foster Garvey's earlier move into West8 was highlighted as part of that repositioning trend.
Kilroy told investors it has “good visibility into the future pipeline” at West8, hinting that more lease announcements could be on the way in the coming months. Kilroy's call transcript captured management's optimism, and local brokers say the next quarter will show whether the submarket can keep this momentum going.
