CBRE
Seattle’s Poised for a Building Boomerang
Seattle scores high on commercial construction index
This article is featured in the March issue of Seattle Business magazine. Subscribe here to access the print edition. The Seattle area is poised for a big rebound in commercial construction after the pandemic. Seattle ranks No. 5 on commercial brokerage CBREs inaugural U.S. Development Opportunity Index based on construction costs, existing supply, prior performance…
Seattle Ranks High in Office Rent, Tech Job Growth
Only Charlotte, North Carolina, and New York fared better
Despite the pandemic forcing many to work from home, the tech industry is still a massive force in office leasing in the Seattle area and across the United States. Seattle ranks No. 3 in the commercial real estate firm CBRE’S annual Tech-30 report, which takes into account office rent growth, net absorption rate and tech…