Seattle

 

Seattle Area Artist Residencies Explore Non-Traditional Spaces

With rising real estate prices, it can be hard for artist’s to find space to live, work or exhibit. Fortunately, the Seattle area has also seen a rise in artist residencies that make that dream a little more affordable. And some have been cropping in places you might not expect. For instance, take Seattle’s iconic […]

Spokane Tries to Lure Weary Seattleites

The City of Spokane has launched a $450,000 marketing campaign specifically targeted at Seattle residents and businesses that have grown tired of high traffic and high prices. Dubbed #Hacking Washington, the campaign features slogans such as “Welcome to the 12-minute commute” and “You used to think you could have it all in Washington. We still […]
Posted in Seattle

Downtown Seattle Construction on Rise After Winter Dip

According to a recent report from the Downtown Seattle Association, the summer of 2018 saw a rise in number of Central Seattle construction projects, with 65 active developments compared to the 57 seen last winter. Though this number is above the historical average, it falls short of the peak construction seen in the summer of […]

King Country Metro Expands Bus Service through City Council Action, Amazon Funding

Starting in September, some of the most popular bus routes operated by King County Metro will experience more frequent service. More than 50 routes will receive additional 88,000 hours of service. While much of the funding comes directly from Metro, part of the expansion is due to a measure passed earlier this summer by the Seattle City […]
Posted in Regional, Seattle

Rising Sea Levels Could Mean Trouble for Seattle-area Homes

A recent Zillow analysis indicates that due to projected sea level rise, nearly 1600 homes (about 0.85) in the city of Seattle will be flooded by the end of the century. The hardest hit area is likely to be West Seattle, which will loose nearly all of its waterfront. The Magnuson Park and Eastlake neighborhoods […]

City Evacuates Unfinished Micro Apartments.

On Thursday, residents of the Cubix micro apartment complex on 95th St had to evacuate after a stop work order from the City of Seattle revealed that the building was never given a legal occupancy permit. Building inspectors stated that the 41-unit complex was never even inspected. The site included many hazardous unfinished areas such […]

Michael Meisenbach on Tumblr

To follow me on Tumblr, which is where I post some links to news on significant Seattle real estate developments and some amount of commentary, go to: Michael Meisenbach. Michael Meisenbach, a Commercial Real Estate Executive in Seattle, WA Areas of Interest: Puget Sound, Bellevue, Tacoma, Redmond, Belltown, Seattle…

Seattle Market In Top 30 For Commercial Real Estate Investment, According To Study

Jones Lang LaSalle is reporting that as real estate investment is reaching pre-Recession levels, 50% of it is concentrated in only 30 cities, worldwide. And, that impressive list includes Seattle, of course! They report that real estate investment is expected to continue on the upswing to about $1 trillion by the year 2020, driven by […]

With Demand Growing & Vacancies Shrinking, Puget Sound Office Rents Rise

Colliers International statistics are showing that Puget Sound office rental rates continue to rise into the fourth quarter of 2014, as tenant demand grows and vacancy rate drops. Check out their chart showing the change across time from 2006 through 2014:

Puget Sound Industrial Vacancy Rates Keep Declining, Helping Raise Rental Rates

Colliers International has reported that the vacancy rates for industrial properties in the Seattle region continued declining into the fourth quarter of 2014, which is influencing rental rates to rise along with real estate prices as demand increases. Check out the chart of economic drivers in Q4:
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