Why Downtown Seattle's Boom Still Has Legs
October 26, 2016

Why Downtown Seattle's Boom Still Has Legs

When your city is booming, the question of its future tends to be approached with a little dread, because booms always end, sometimes badly. But the speakers at our Future of Downtown Seattle event recently were optimistic about the future. The boom will end, but not for a while, and it might be a soft landing when it does.

Sightline Institute founder Alan Durning gave the opening remarks. He said metro Seattle has had a phenomenal record as a generator of new ideas and new approaches, with a long tradition of innovation in both the public and private sectors,…

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Bisnow Honors Seattle Power Women: Part 5

Today we bring you the fifth installment in our series on Seattle Power Women, recognizing influential players in the industry. We're profiling each of these women and then honoring them next week at a special awards reception.

Dayna Dealy, Development Manager, Mack Urban

Dayna Dealy started her career when she received her real estate license in Texas as a college student. She was an apartment/condo locator for students and spent two years as an on-site apartment manager while attending school. The most rewarding…

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Life Science Sector Thriving, But Lack Of Space Could Choke Industry

The life science real estate market is hopping. Rent is increasing. Millions of square feet are under construction. Venture capital funding reached $10B last year. Demand for space is high, but a lack of available space could prove challenging, according to JLL's recent US and Local Market Life Science Outlook.

JLL research analyst Wes Simon, above left with a friend during a recent Cubs game, tells us top life science markets such as Boston and the San Francisco Bay Area “benefit from self-sustaining ecosystems.” They have top universities with world-class…

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John Kilroy On The Perfect Office Space And Unplugging

John's San Francisco office (shown) features many of today's common work amenities. His office is set up so he can sit or stand to work. At roughly 9x12 feet, the office is small, but is next to a casual conference…

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US CRE Valuations Up, Driven By Demand In Multifamily, Office And Industrial Sectors

Monthly commercial valuations are up 1% this month, thanks to robust multifamily, industrial and office sectors, according to Ten-X's latest Commercial Real Estate Nowcast.

CRE pricing rose by 6.9% compared to a year ago, shows Ten-X's Nowcast research. The firm uses proprietary technology, Google trends data and investor surveys to determine what's happening with CRE pricing in real time.

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The US industrial sector hit its 26th consecutive quarter of net occupancy gains in Q3, according to Cushman & Wakefield.

Industrial markets absorbed 74.9M SF this past quarter, a 29.1% increase compared to the year-ago quarter. Cushman & Wakefield chief economist Kevin Thorpe says industrial demand drivers and economic fundamentals such as "containerized traffic flows, transportation indices and consumer confidence" remain strong.

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