BELLEVUE, WA-Eastside vacancies have climbed to an average rate of 12.66%. However, the direct rate is 5.99%. While the overall number is high, the key is the difference between direct and subleases.
REDMOND, WA-Trendwest Resorts Inc. says its third quarter net income hit $15.8 million, a 36% increase from the same quarter last year, with revenues reaching what it is calling "a record" $359 million.
BELLEVUE, WA-Eastside vacancies have climbed to an average rate of 12.66%. However, the direct rate is 5.99%. While the overall number is high, the key is the difference between direct and subleases.
SEATTLE, WA-With the neighborhood's high demand for condominiums, Michael McQuaid of Paragon says new apartment construction in Queen Anne will likely be converted from rental to sales units -- keeping rents and occupancies healthy.
KENT, WA-In many Puget Sound areas, the buffer to dismal vacancy numbers is that a large portion of space is, in fact, sublease space, with original tenants still paying rent. In the Southend, however, the sting is direct.
KENT, WA-He admits to some slowdown and concerns about what the first few quarters of next year will bring, but industrial specialist Scott Alan with Colliers says the industrial market in Kent Valley is 'just fine.'
SEATTLE, WA-Third-quarter Downtown office vacancy measured 14.15%. However, new product coming on line since the first of the year is faring better with an average of 7.3% -- with several of those buildings fully occupied.
KENT, WA-In many Puget Sound areas, the buffer to dismal vacancy numbers is that a large portion of space is, in fact, sublease space, with original tenants still paying rent. In the Southend, however, the sting is direct.
BELLEVUE, WA-By owning almost 50% of the local office square footage here, says one disgruntled broker, Equity Office Properties carries too big a stick. Spokespeople say that's how the competitive edge works.
KENT, WA-He admits to some slowdown and concerns about what the first few quarters of next year will bring, but industrial specialist Scott Alan with Colliers says the industrial market in Kent Valley is 'just fine.'