Statistical Tenant Activity Report - June 2008
Core Office Markets
Seattle, Eastside, Southend - Class A, B, C
Core Office Markets
Seattle, Eastside, Southend - Class A, B, C
Demand Index Summary
Current |
Last Month |
||
| SF of tenants currently looking in the Market | 5,396,750 |
5,734,489 |
 |
| Core Market Vacancy | 7.65% |
7.86% |
|
| SF Available | 9,277,769
-1.8% |
9,446,299 |
|
By Market
| SEATTLE | |
| SF in the Market | 3,291,486 |
| Total Market Vacancy | 7.15% |
| SF Available | 4,470,329 |
| EASTSIDE | |
| SF in the Market | 3,032,500 |
| Total Market Vacancy | 6.44% |
| SF Available | 2,657,879 |
| SOUTHEND | |
| SF in the Market | 326,300 |
| Total Market Vacancy | 12.31% |
| SF Available | 2,149,561 |
Timing
of Demand
| 0-12 months | 1,800,971 |
| 12-18 months out | 1,231,315 |
| 18-24 months out | 547,000 |
| 24-36 months out | 125,000 |
| 36+ months out | 300,000 |
| TBD | 1,354,000 |
By Size
- June 2008
# of Tenants |
Total SF |
|
100k+ |
16 |
3,065,000 |
50-100k |
17 |
1,230,000 |
25-50k |
31 |
983,000 |
up to 25k |
103 |
1,025,286 |
vs. May 2008
# of Tenants |
Total SF |
|
100k+ |
14 |
2,385,000 |
50-100k |
19 |
1,305,000 |
25-50k |
28 |
892,000 |
up to 25k |
110 |
1,122,489 |
|
NOTES:
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For more detailed information contact Pacific Real Estate Partners, Inc. to schedule a meeting with one of our Listing Teams! |
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