xmlns:og='http://ogp.me/ns#' Wil Coloma: Hot Seattle Market!

Friday, August 21, 2015

Hot Seattle Market!

Amazon is moving in!

"Amazon’s rapid growth has put pressure on rents for offices and apartments in the area, even as it’s ignited an unprecedented boom in apartment construction.

(click picture for complete article)


“Every Seattle office tenant who has negotiated a lease in the last couple of years has felt the ‘Amazon Effect,’ ” said tenant broker Brian Hayden of Flinn Ferguson. “The rate at which Amazon has been absorbing space has had a significant effect on Seattle’s overall vacancy rate, which increases landlord confidence and puts upward pressure on rents.”
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