Business and commercial real estate updates from Seattle’s leading tenant representation team
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The Industrial Real Estate Rollercoaster–Buckle Up!
The industrial real estate market has been on a fast-moving rollercoaster ride through the pandemic, and it’s not slowing down just yet. While the general public is pausing cautiously for a recession-like dip, industrial developers are feverously battling for the front seat of the ride. Most leaders and business owners who lease space in manufacturing and distribution have heard “your rent is going up”–but behind the scenes, the institutional real estate owners have given cause for concern. If you’re looking to engage in the industrial real estate market soon, here are a few trends impacting this high-flying industrial market that seems to only be blindly speeding up.Read More
Lease Administration Best Practices for Businesses
It is truly remarkable, and just a bit worrisome, how many people use Microsoft Excel to keep track of their real estate lease information. While it works well if you are only tracking a few key dates and terms for one or two leases, if you have six or more locations, Microsoft Excel is definitely not the best solution to monitor one the biggest expenses for your company.Read More