The impact on commercial real estate and the growth of Seattle can best be analyzed by looking at the increase in core office space. From 2015-2017 Seattle added 8.9Read more
The multi-family market in Seattle is in the midst of a 10% vacancy factor as the inevitable cycle of real estate supply and demand is now tipped to anRead more
Tourism is a “clean” industry. It has no fuss and no muss. For each tourist dollar generated by tourism, it creates a “turn” of 2.5 times. Thus, $1M ofRead more
The dynamics of Seattle’s commercial real estate market are continuing to evolve. One of the more fascinating aspects is occurring as a function of the opening of the tunnelRead more
The impact of a decision by a company the size of Amazon on all sectors of commercial real estate is amazing! This is more true than ever as weRead more
One of the traditional yardsticks in commercial real estate is measuring the number of construction cranes dotting the landscape of a growing metropolitan area. When people refer to ourRead more
Seattle Commercial Real Estate carefully monitors all trends in commercial real estate. We have commented in the multi-family sector on the ever-shrinking size of units. This is more particularlyRead more
In commercial real estate, the actions of a municipality can favor developers or not. Developers make Las Vegas seem like a sure bet as the timeline for developments canRead more
The December 7th issue of the Puget Sound Business Journal published a November Trends analysis of multi-family apartment rent for the SMSA (Seattle Metropolitan Statistical Area). Seattle rents droppedRead more
In the news, almost every day is the announcement of “Another Big Deal”. This weekend saw the announcement of the expansion of the Costco Headquarters in Issaquah by 1.2Read more