{"id":1004052253,"date":"2012-01-08T19:40:38","date_gmt":"2012-01-09T03:40:38","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=30390"},"modified":"2022-12-03T16:08:28","modified_gmt":"2022-12-04T00:08:28","slug":"seattles-office-retail-markets-soar-in-grubb-ellis-forecast","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/seattles-office-retail-markets-soar-in-grubb-ellis-forecast\/","title":{"rendered":"Seattle\u2019s Office, Retail Markets Soar in Grubb & Ellis Forecast"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/p>\n

Seattle appears to be poised to rank high among\u00a0 invesment\u2019s frontrunners again in 2012. A recent Grubb and Ellis Co. report places Seattle’s office market in second place\u00a0nationwide\u00a0during a year in which that recovery will continue at a steady, albeit slow pace.<\/p>\n

Seattle is second only to San Francisco, another market that has experienced resurgent demand in a constrained national market.\u00a0Last year\u2019s top choices, New York City and Washington D.C., have fallen to number 9 and out of the first 10 cities respectively. This is most likely a consequence of the impact of the euro zone\u2019s collapse on the East Coast, the Puget Sound Business Journal<\/em> reports.<\/p>\n

In terms of retail investment, Seattle holds its own in the Grubb & Ellis rankings, occupying fifth place behind Los Angeles, Washington, D.C., Boston and San Diego. Activity is far above the national average, charting at 132, compared to the baseline score of 100 on Grubb & Ellis’s\u00a0Momentum Index.<\/p>\n

As for the industrial market, transit and distribution activity\u00a0considerably outpace the\u00a0supply. The good news is that by avoiding overbuilding, Seattle has also escaped the problems caused by a surplus of space. Recovery is expected to continue unevenly in 2012.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Alex Girda, Associate Editor
\nSeattle appears to be poised to rank high among\u00a0 invesment\u2019s frontrunners again in 2012. A recent Grubb and Ellis Co. report places Seattle’s office market in second place\u00a0nationwide\u00a0during a year in which that recovery will continue […]<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1610],"tags":[],"class_list":["post-1004052253","post","type-post","status-publish","format-standard","hentry","category-latest","category-seattle"],"acf":[],"yoast_head":"\nSeattle\u2019s Office, Retail Markets Soar in Grubb & Ellis Forecast - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/seattles-office-retail-markets-soar-in-grubb-ellis-forecast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seattle\u2019s Office, Retail Markets Soar in Grubb & Ellis Forecast\" \/>\n<meta property=\"og:description\" content=\"By Alex Girda, Associate Editor Seattle appears to be poised to rank high among\u00a0 invesment\u2019s frontrunners again in 2012. 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