Author: Austin Lashley
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Seattle’s Wet Lab Market: From Pandemic Boom to Historic Imbalance
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From 2020-2022, the biotech industry was the standout of the U.S. capital markets, thanks to the vital role the industry played in the Covid-19 pandemic response and the unprecedented […]
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Seattle closed out yet another quarter of positive rent growth and positive net absorption fueled by the continuous growth of technology tenants, a common theme over the past few years. In the first quarter of 2019, there were 117 transactions in downtown Seattle totaling approximately 700,000 square feet.
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Washington-based Nytec, led by CEO Rich Lerz, has been pushing the envelope on consumer product design for over 40 years. The full-service design and engineering consulting firm has built an impressive client list, working with top Fortune 100 companies including Microsoft, Amazon, Carnival, Oculus and SpaceX. Their world-class team is composed of designers, engineers and manufacturing experts all under one…
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To borrow a historic phrase: “It was the best of times, it was the worst of times.” As 2018 came to a close, the equity markets had retracted into Bear Market territory. The Dow Jones Industrial Average’s stood at 26,828.39 on October 3, 2018, only to finish Dec. 31 at 23,327.46. The first weeks of the new year have only…
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When most people think of architecture, strikingly designed buildings are what first come to mind. So when FREIHEIT Architecture had a chance to reinvent their space, they wanted to show off their own expertise with an industrial, modern and ultra-sleek space! The firm focuses on office, retail, industrial, multi-family, mixed-use and hospitality sectors. “Freiheit” means “freedom” in German and expresses…
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In recent years, hundreds of articles have speculated about which city or town will be the “next Silicon Valley.” One commonly mentioned frontrunner is the City of Seattle. Renowned by experts as the Cloud Technology Capital of the world, Seattle has become the largest expansion market for Bay Area companies. According to data from GeekWire, over the past 5 years,…
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Sunny Singh founded Edifecs in 1996 with the mission to find a better, more accurate way to track and process data. When HIPAA was introduced, Edifecs technology found massive success in the healthcare industry and has been focused on applying technology to improve our healthcare system and bring well-being to the world.
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Driving around Bellevue and Redmond, it is impossible to not notice the widespread construction along SR 520 and I-405. Sound Transit is pushing forward with their 30-year master plan, kicking off one of the largest light rail expansions in the United States. The new East Link extension will connect Seattle to the Eastside business hubs of Bellevue and Redmond. The…
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At the end of the 2nd quarter, we are continuing to see trends continue much like we have over the past few years. Our region’s largest tenants; Microsoft, Amazon.com and Facebook, continue to expand and the co-working giant, WeWork, has become one of our region’s largest occupiers of office space. In fact, WeWork now occupies more office space in the…
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Everyone loves a good Sci-Fi movie that piques the imagination and spurs thoughts of different ways society and technology will change. While there have already been some changes in how we use technology, there are still brilliant ideas that have yet to become a reality. But how will corporate office space change in the future?
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July 2019. No, I am not predicting the beginning of the next recession in the U.S. In point of fact, according to the National Bureau of Economic Research, the current prolonged recovery will exceed the longest on record of 120 months (1991-2001), as the fireworks boom over Puget Sound, and ring in the Country’s birthday next July.