The Current State and Future Projections of the South Seattle Industrial Real Estate Market

What does the present South Seattle industrial real estate space look like? And what about its future? Co-hosts Bill Condon and Matt McGregor talk about the current state of the Seattle market – including the factors that have contributed to the low performance, the role of expensive labor, and potential future repercussions of the current status quo. Bill and Matt share a couple of factors they think are contributing to the Seattle market not performing as well as other markets. Bill talks about what has been happening, over the last few years, because of the lack of expensive labor in the area. Matt and Bill discuss some of the potential future repercussions of the current status quo. Bill touches upon the fact that the tenant market gets deeper as you push South, as well as that the Seattle market traditionally doesn’t see many big tenants.     Mentioned in this episode:  IndustrialAdvisors.com Prologis - prologis.com