The Seattle metropolitan area consistently outperforms the national average on a variety of metrics, including job and population growth. Combine that with adoption of e-commerce ignited by a once-in-a-lifetime pandemic and you get a vibrant industrial market. As expected, Third Quarter 2021 numbers are in and the current state of our industrial market did not disappoint – if you are a landlord! Vacancy, rental rates, and absorption are all up. The market experienced 1.5 million square feet of positive absorption moving our already low vacancy rate to...
Seattle Industrial Market Report - Mid-Year 2020
As we closed the books on 2019 and said hello to a new decade, many experts wondered if we were approaching the end of the unprecedented economic run that was the 2010s...