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.
CLOSE-IN QUARTER REPORTS
What a run our market has experienced. We are now at 26 straight quarters of positive absorption and have hit all-time records for low vacancy and high rental rates. The biggest question everyone continues to ask is how long is this sustainable. One year ago, we asked the same questions and we thought things were bound to flatten out. Obviously, that didn’t happen.
2017 is off to a familiar start. Landlords and sellers continue to control the marketplace. Tenants and buyers on the hunt for new space or attempting to renew their leases continue to be frustrated by the lack of viable options and significant rental increases since they last shopped for space….