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  • Tue. Feb 27th, 2024

Speculative Industrial Development Boosting Availability in Seattle

Bynewsmagzines

Apr 7, 2023
Heatmap showing the concentration of under-construction industrial space listed available for lease as of March 2023.


Even as the level of industrial construction ebbs, the Puget Sound Region is poised to see an abundance of new industrial supply. The tri-county region should see a record amount of new space delivered in 2023. So far this year, about 4.5 million square feet have been completed in the Seattle metropolitan area this year.

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