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
In a recent Seattle Commercial Real Estate Article, we dealt with the multifamily rental market. There is another dynamic segment of multifamily that needs attention and that is theRead 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
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
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
Seattle Commercial Real Estate’s professionals have over 200 years of real estate expertise and we have seen both the highs and lows of our industry. We now appear toRead more
FANG is the new driving force in Bellevue real estate, so what is FANG? It is an acronym for Facebook, Amazon, Apple, Netflix and Google who are devouring largeRead more
“Affordable” housing is a relative term. With the rapid increase in the costs of single-family housing in Seattle, alternative living spaces such as condominiums and high end multi-family housingRead more
As the professionals of Seattle Commercial Real Estate LLC started predicting a couple of years ago, mixed use rents have stabilized, fallen slightly and vacancies in our market areRead more
The City of Seattle Head Tax is intended to help solve the homeless problem. In previous articles we discussed the impact of governmental attempts to solve this issue, andRead more
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