Features

The 1.12 million-square-foot space is located in a new building at NorCal Logistics Center, representing continued expansion of logistics supply chain infrastructure against the backdrop of steady growth in e-commerce.

Due to the housing constraints found in the Seattle market, there are many cases where developers tear down a single house and squeeze in three to four townhomes on that single lot, often with no parking.

Upgraded properties will compete with top A product, but also offer tenants a discount.

As space availability in top tech submarkets continues to tighten, expect large tech companies to continue expanding outside their headquarters markets.

The number of renters in their early 60s jumped 84% between 2006 and 2016, and with more seniors living longer lives, this means developers have upped their games for amenities in senior living communities.

This was Detroit's 30th consecutive quarter of positive absorption and the vacancy rate stayed below two percent, at 1.93%, for the third consecutive quarter.

"We realize that healthcare and technology are two high growth sectors of the economy."

“I was not expecting to see such a dramatic increase so quickly,” says the GSE's Laurel Davis.