Market Conditions

Current and accurate information is essential to formulating and executing the best real estate strategy. Because of our intense focus on the Puget Sound region, our clients can rely on us to know what is happening in the greater Seattle commercial real estate market and all of Western Washington. Our information is gathered with the objective of being specific, practical and timely.

Puget Sound Overview – 4Q 2017 OFFICE, INDUSTRIAL & RETAIL

The Office, Industrial & Retail Market Report provides a comprehensive overview for the market conditions of the Puget Sound Region. Absorption, vacancy rates, rental rates and notable transactions are condensed into a convenient overview of the entire commercial real estate market for Western Washington.

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CLOSE-IN QUARTER REPORTS

Kent Valley Insider

Kent Valley Insider – 4Q 2017

What a year! History will smile kindly on the Kent Valley’s Industrial impact in 2017. Not to date ourselves, but a couple of us here have been covering this market for over 25 years, and what we experienced in 2017 was the greatest run in our market history. Shell rental rates have nearly doubled since the dark days of early 2009. The vacancy rate at the end of the quarter stood at a minuscule 2.81% (a new record)…

Seattle Industrial Market Report – 4Q 2017

The last quarter of 2017 came to end with positive overall fundamentals of higher asking rents, low vacancy, and strong economic numbers. But at the same time there is a bit of uncertainty in the air…