Posts by Gavin Curtis

As 2020 Begins, What Is the Temperature Like in Greater Seattle?

on February 10, 2020

Amazon, WeWork and Bank of America. Interestingly, the three companies are all attached to the iconic Rainier Square mixed-use development at Fourth and Union in the Central Business District (CBD). In fact, the project may be the thermometer that measures the office temperature and condition of Greater Seattle as we begin the new decades. How so? Let’s take a look at the current metro fundamentals as a starting point. As 2019 closed out and 2020 begins, there continues to be a strong growth dynamic. The data indicates 1.6 million square feet of absorption across the Puget Sound region in the fourth quarter; and a vacancy rate hitting 7 percent in Greater Seattle.

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About this Author
Gavin Curtis

Gavin Curtis

Gavin Curtis is a vice president at Hughes Marino, an award-winning commercial real estate company with offices across the nation. Contact Gavin at 1-844-662-6635 or gavin@hughesmarino.com to learn more.