JLL: The Seattle-Bellevue industrial market has posted strong absorption so far in 2015

Robust leasing activity in 2015 has led to significant year-to-date absorption for the region, especially in the Southend markets (Seattle, Kent Valley, Pierce County). Each of the five submarket clusters had a vacancy rate below 7 percent at mid-year. That, combined with strong tenant demand, has led developers into a construction boom. Over 1.1 million […]