• Sat. Apr 20th, 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.

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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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