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Seattle-Tacoma Retail Vacancy Holds at 4.7% as Small Tenants Steady Market

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Photo by Fernando Hernandez on Unsplash
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Tacoma posts the West Coast's lowest vacancy among major submarkets even as its asking rents climb nearly 30 percent since 2019. Three straight years of rising vacancy in Seattle-Tacoma's retail market appear to be giving way to a steadier footing, with smaller tenants filling space vacated by national chains and downtown Seattle's foot traffic finally […]

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