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Seattle/Bellevue MarketBeat Reports

Brian Cagayat • 1/15/2022
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Seattle-Bellevuew MarketBeat reports below.


Current Marketbeats

Office MarketBeat Report
Q4 2021 Seattle CBD Office Report

Overall vacancy in the Seattle CBD office market was reported at 17.9% to close out the year of 2021, up 110 basis points (bps) from the 16.8% rate reported in the third quarter and up 650 bps from the 11.4% rate reported a year ago.

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Office MarketBeat Report
Q4 2021 Seattle Suburban Office Report

Overall vacancy in the Seattle Suburban office market was 22.0% to close out 2021, down 60 basis points (bps) from the 22.6% rate reported in the third quarter and down 30 bps from the 22.3% rate reported a year ago.

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Office MarketBeat Report
Q4 2021 Puget Sound Office Report

Overall vacancy in the Puget Sound-Eastside office market finished the year of 2021 at 9.2%, down 90 basis points (bps) from the 10.1% rate reported in the third quarter and up 110 bps from the 8.1% rate reported a year ago.

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Industrial MarketBeat Report
Q4 2021 Seattle Industrial Report

The Seattle industrial market asking rents increased to an average of $0.86 per square foot (psf) on a monthly NNN basis, a YOY increase of 14.7%.

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Industrial MarketBeat Report
Q4 2021 Puget Sound Industrial Report

In the Puget Sound- Eastside industrial market, year-to-date absorption was positive 426,000 sf, a huge improvement from the negative 34,000 sf reported a year ago. Absorption is expected to continue in the positive heading into 2022 as more tenants move into large blocks of space.

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Multifamily MarketBeat Report
Q3 2021 Seattle Multifamily Report

The demand for apartments has seen a resurgence in the Seattle market in the third quarter of 2021. Vacancy was reported at 4.7% across the region, down 90 basis points (bps) from a quarter ago and 280 bps year-over-year.

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Featured Insights: Current U.S. MarketBeats

Natl-MarketBeat-CardImages-Office-4Q21
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
David Smith • 1/13/2022
Natl-MarketBeat-CardImage-Retail-4Q21
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield Marketbeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
James Bohnaker • 1/13/2022
NatlMarketBeatCardInd4Q21New110
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Carolyn Salzer • 1/7/2022

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