Commercial Real Estate

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

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

Colliers InternationalColliers 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:

Seattle Commercial Real Estate Economic Drivers Chart

As this trend continues, Puget Sound area commercial real estate will continue to be a rosy picture, and very attractive to CRE investors.

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