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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:

Chinese Investors Creating Real Estate Boom in Seattle?

Earlier this year, Seattlehomes.com reported that the Puget Sound real estate market, both residential and commercial, had caught the eye of Chinese investors and was likely to draw substantial dollars into the market in the near future. This prediction seems to be coming true, as recent transactions have poured almost $2 billion into the Puget […]

Tasty Commercial Real Estate Gingerbread “Houses”

People have long been fascinated by miniature replicas of buildings – both building them and looking at them. You can find miniature buildings made out of almost every material from pewter to cardboard to Legos, of course. This time of year, the material of choice is gingerbread. Gingerbread houses seem to have originated in Germany […]

Did the Denver Real Estate Market Live up to Expectations?

In January 2014, Denver ranked #11 in Markets to Watch in the annual Emerging Trends in Real Estate report from PricewaterhouseCoopers LLP and Urban Land Institute. At that time, the outlook for investment, development, and homebuilding was good. How will 2014 end for this residential and commercial real estate market? Asking prices for multifamily, office, […]

Seattle Parks – A Source Of Commercial Real Estate Value

A city’s parks are one of the top urban elements that can convey a tremendous lasting value upon real estate in the surrounding area — both residential as well as commercial real estate. The American Planning Association states that parks “…enhance property values, increase municipal revenue, bring in homebuyers and workers, and attract retirees.” They […]

Key Indicators of Commercial Real Estate Health in Seattle

Seattle has long been a tourist destination for several reasons: seven major cruise lines made almost 200 port calls in 2014; more than 10 million visitors watch “flying fish” and/or sip a latte at the first Starbucks at Pike Place Market every year; about a million people a year delight in the views from the […]

“Alternate” Investments Show Potential

Investing in real estate, whether residential or commercial, has always been attractive for Real Estate Investment Trusts (REIT), which have outperformed other investment groups in the last few years. While many of the investment properties are traditional office, retail, residential and industrial, a growing subset is gaining attention: “specialty” spaces that include self-storage and data […]

New NAIOP Report is Good News

A new report by the National Association for Industrial and Office Parks paints a positive picture for commercial real estate in the country, Texas in particular. According to the report, the industry is growing at its fastest pace since 2011, with the figures projected to continue rising through 2015 at least. New construction expenditures in […]

Most Unusual Restaurants in the World

When deciding where to dine out, you usually think about cuisine, price, location, and other such considerations. In real life, an “unusual” dinner experience might just mean one that combines great food, extraordinary service, and a decent tab. But if you’re looking for a truly unique dining experience, consider one of these. It seems most […]
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