For Rent – Seattle service & office biz location

For Rent – Seattle service & office biz location

Victory  Lane will have an exciting commercial lease available for single tenant. Current service business is moving to new location leaving a space for your business expansion. Located at 11535 15th Ave NE Seattle, WA. A 2-level wood framed building built in 1996....
N. King County Storage, Office & Parking Lease

N. King County Storage, Office & Parking Lease

Who doesn’t need more storage space? More parking probably would be nice too. If you think Shoreline/North City/Lake Forest Park/Bothell area is good location for an office or just private storage, I may have a good deal for you. Subject property is currently...
Seattle Commercial Real Estate Cycles

Seattle Commercial Real Estate Cycles

We all know sector rotations are common in real estate markets. Regardless of Seattle commercial real estate cycles a “good deal is a good deal”. Revenue growth is what every investor looks for in commercial real estate. Incremental yearly growth of 2-3%...
Seattle Commercial Real Estate Updates: Q2 – 2018

Seattle Commercial Real Estate Updates: Q2 – 2018

Greetings, Summer of 2018 is heating up, so with brevity, I can provide you with insightful  data regarding N. Seattle retail commercial real estate. Commercial / Multifamily Market Snapshot in North Seattle – Seattle lot pricing has peaked coming out of 2017....

Repositioning

Repositioning is to determine all best uses and selecting the best one. Best use deliberation is actual construction costs necessary to attract desirable new tenants. A keen understanding of markets and clever construction applications is critical for best repositioning efforts.

Industrial

Industrial is making a comeback in demand, not for manufacturing as much, but rather logistics. Big box distribution companies need large warehouse storage and delivery facilities all across America. Some preferred locations to invest are inside urban cores and near transportation hubs like railroads, airports and shipping docks.

Offices

Office is on shaky ground in 2020. Best office investments are in the A plus category with tech companies being the most attractive tenants. Clever repositioning for B minus categories will probably be required to accommodate the newer economy.

Multi-Family

Multifamily development is normally in strong demand. Labor and materials are expensive and cover most of your development budget. To determine your investment rate of return you need to consider projected revenues. If you plan on upgrading mechanical and structural systems you must incorporate clever repositioning strategies.

Land Acquisition

Land acquisition is normally the first prelude to development. A forensic study regarding zoning, critical areas, soil conditions, etc. is necessary to ensure project compatibility.