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.
SEATTLE, WA-To attract tenants, landlords are becoming ever more creative and generous with incentives. And with parking rates becoming ever more expensive, parking is becoming a prominent part of today's deals.
SEATTLE, WA-The double-digit vacancy rates of Seattle's office market casts a wide pall. But, Michael McQuaid of Paragon Real Estate Advisors says the urban apartment market is doing well -- and his company's doing well within it.
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.
SEATTLE, WA-Just over a year ago, office properties averaged close to 100% occupancy -- now vacancies are climbing toward 12%. Developer Al Clise offers GlobeSt.com his views on the market here.
SEATTLE, WA-To attract tenants, landlords are becoming ever more creative and generous with incentives. And with parking rates becoming ever more expensive, parking is becoming a prominent part of today's deals.
SEATAC, WA-The $15-million financing by Sonnenblick-Eicher will fund construction of Lot C adjacent to Seattle-Tacoma International Airport. It was to be located directly across from a new airport transportation center.
SEATTLE, WA-While Colliers Executive Rob Aigner disagrees with some assertions that this market has the same characteristics of the early 1980's -- he does say new tenants are rare, and Puget Sound has almost no "deal flow" to help landlords with mountains of vacant space.
SEATTLE, WA-Martin Selig has been a prominent local developer for decades, amassing more than 3 million sf of commercial properties. Now, the rumor mill is churning furiously that Selig is bowing out and selling.
SEATTLE, WA-While Colliers Executive Rob Aigner disagrees with some assertions that this market has the same characteristics of the early 1980's -- he does say new tenants are rare, and Puget Sound has almost no "deal flow" to help landlords with mountains of vacant space.