The vitality of the Seattle/Puget Sound region is certainly headline worthy and remarkable headlines appear with justifiable frequency. Yet, this week a string of headlines in [nearly] 24 hours-time demonstrate both the varied and sustainable strength that is Seattle. From tech to aerospace, real estate to retail, the region continues to demonstrate world-class economic fundamentals.
Clients often ask me to opine as to the durability of the current real estate and economic environment, especially in light of a very healthy development pipeline and remarkable rent growth over the past several years. Real estate and economic analysis must be as granular as it is robust, so no one answer will suffice. However, fundamental elements of our economic infrastructure point in several years ahead of vibrancy.
For robust and granular analysis of your portfolio and your strategy, please give me a call.