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One Tenant's Move Closed a Downtown Starbucks and Opened a New Coffee Bar Two Blocks Away

October 1, 2026

"We regularly review how our coffeehouses serve their neighborhoods and if they are meeting customers where they are," a Starbucks spokesperson said back in March, explaining five more Seattle closures. It's the kind of sentence that sounds true of almost anything and specific to nothing. But if you've worked or lived downtown this year, you've probably felt the pattern underneath it: your corner Starbucks closes, and a few blocks over, someone else's storefront gets busier.

That pattern has a mechanism, and it isn't mysterious once you follow one tenant.

In August, Starbucks closed its cafe at 999 Third Avenue not long after DocuSign told the building it was leaving. DocuSign's new address, once its move is complete in the summer of 2027, will be 1301 Second Avenue, the 42-story tower that got rebranded from Russell Investments Center to the JPMorganChase Center back in January after JPMorgan Chase expanded its footprint there. That same tower just landed a new weekday deli and coffee bar called Duet, opening this October, pouring drinks from Onyx Coffee Lab, a roaster ranked the world's best coffee shop. Same company's departure, two different downtown blocks, two opposite outcomes for the coffee counter on the ground floor.

The Closures Keep Coming, and They're Not Slowing Down

Starbucks is headquartered here, which makes its own hometown contraction worth tracking block by block rather than treating as background noise. The timeline, pieced together from local coverage over the past year:

  • September 2025: a company-wide restructuring eliminated roughly 900 corporate jobs and closed at least 28 stores across Washington, including the Capitol Hill Reserve Roastery.
  • March 2026: Starbucks confirmed five more Seattle-area closures, at First Hill, in the University District, and at the Seattle Center Armory. Those stores closed the following month, putting 69 baristas and shift supervisors out of work.
  • August 2026: the 999 Third Avenue store closed days after DocuSign's departure plans became public.
  • September 26, 2026: the cafe inside the Nordstrom Building at 1700 Seventh Avenue closed, part of a broader national move to shutter 250 "underperforming" stores, about 1 percent of the company's 18,000 U.S. locations, at a cost of roughly $300 million in restructuring charges.

That last closure is the one worth sitting with. The 1700 Seventh Avenue store was busy enough that Starbucks had recently extended its evening hours there. A company doesn't usually walk away from a crowded location it just invested in extending. When it does, the decision is coming from somewhere other than that particular counter's daily traffic.

Where the Counters Are Actually Filling Back In

None of this means downtown's coffee culture is thinning out. It means it's relocating toward wherever the office tenants are relocating to.

Everett's Narrative Coffee recently announced it's taking over a former Starbucks space at 6th and Stewart, on the edge of downtown. It's a smaller, from-scratch coffee and kitchen operation moving into infrastructure Starbucks already built out, the espresso lines and drive-through logic already in place. Elsewhere in the city, the nonprofit coffee shop and job-training program Coffee Tab is opening its third location in another former Starbucks storefront, this one at 23rd and Jackson. Neither business is chasing a shrinking market. Both are following available square footage that a bigger operator decided wasn't worth the lease anymore, in spaces built for exactly the kind of business now walking in.

The JPMorganChase Center tells the other half of the story, the growth half. DocuSign signed a 115,000-square-foot lease there in June, on top of JPMorgan Chase's own 40,000-square-foot addition that brought its footprint to 128,000 square feet. Zillow Group and Perkins Coie are already tenants. JPMorgan Chase employs roughly 400 people at its Seattle technology center, part of about 2,000 statewide, and has said it plans to keep expanding its AI and cybersecurity teams there. Duet, the new weekday-only deli and coffee bar opening this October, will serve breakfast starting at 7 a.m. and lunch starting at 11 a.m., Monday through Friday, run by the same hospitality operator, Porter, that already runs a building-only amenity called The Lounge by Porter on the tower's 17th floor. That's a food-service company betting real money on this specific tower's Monday-through-Friday office population, not on tourist or weekend traffic.

The Number That Explains Both Halves

Downtown Seattle had more than 90,000 workers on an average weekday in July, which sounds substantial until you learn that figure represents just 62 percent of July 2019 levels, according to the Downtown Seattle Association. About one in three downtown businesses now offers some kind of incentive to get employees back into the office. Meanwhile overall foot traffic, which counts everyone downtown for any reason, topped 2.4 million visits in April.

Those two numbers moving in different directions is the whole story. Downtown as a place people visit has largely bounced back. Downtown as a place people report to a desk five days a week has not, and it's recovering unevenly, tower by tower, lease by lease. A weekday-only cafe like Duet is a direct bet that its specific building's office population is strong enough to justify a five-day model. A Starbucks closing in a building that just lost its anchor tenant is the same math running the other direction.

What This Actually Tells You About Your Own Block

If you work or live near a tower that just landed a new corporate lease, expect ground-floor food and coffee investment to follow within months, the way Duet followed DocuSign's and JPMorgan Chase's expansion into 1301 Second Avenue. If your building's biggest tenant is the one packing up, don't be surprised if the coffee shop downstairs is next, the way 999 Third Avenue's Starbucks didn't outlast DocuSign's decision to leave.

It's a more useful way to read a changing block than treating each closure or opening as an isolated headline. The storefronts aren't reacting to Seattle in general. They're reacting to the specific lease decisions happening two or three floors above them.

If you're watching how a particular downtown building or block is trending and want a broker who tracks these shifts as closely as the coffee shops do, reach out to Seattle Premier Properties to request a complimentary home valuation.

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