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Hi, we're Colliers | Puget Sound


Colliers International operates from two offices in the Puget Sound area: Seattle and Bellevue. Through the expertise of more than 100 leasing and sales brokerage, real estate management, appraisal and valuation, and support professionals, we offer comprehensive real estate services in the office, industrial, retail, multifamily and investment sectors throughout the Seattle area and beyond.

Featured news

Aug 2, 2022

Seattle-Based Healthcare Technology Firm Continues Expansion

Bttn Signs New Lease to Facilitate Growth in Puget Sound Region
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Aug 2, 2022

Noreg Apartments in Ballard Trades Hands for the First Time

Colliers Facilitates $5.25M Sale of Value-Add Property
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Jul 22, 2022

Two Industrial Buildings in Kent Sell for $106M

Colliers Brokers Off Market Transaction in Highly Desirable Submarket
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Jul 22, 2022

Colliers Brokers Sale of Two Apartment Buildings in University District

$33M portfolio sale signals ongoing investor confidence in submarket
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Stay ahead with industry-leading research

Jul 18, 2022

Q2 2022 Puget Sound Industrial Market Report

In the face of swirling economic events, primarily record-level s of inflation, continued supply chain disruptions, and rising interest rates, which are meant to combat inflation, industrial market activity was not as robust as expected this quarter. Tenant demand has continued to be strong, but economic forces have delayed some decisions, encouraging users to proceed more cautiously than they have been for the last two years. Despite a temporary cooling of market activity, construction continues in anticipation of future demand. With 9.3 million sq uare feet being developed across the region, 61.2% of it, or 5. 7 million square feet, is in Northend and Kent Valley.
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Jul 7, 2022

Q2 2022 Seattle Office Report

The forecasted return-to-office after Memorial Day is still slow to materialize, although activity downtown has continued to rise with tourism and entertainment. Office occupancy rates according to building security firm Kastle Systems, which pegged mid-June office occupancy at 44.1%, relative to pre-COVID levels. More foot traffic and increase police activity has made downtown feel safer than earlier in the year, but that has not proven enough to lure workers to commute downtown. Companies eager to cultivate their office culture are still finding the right mix of incentives and amenities to encourage workers to return. Until there is more certainty, it is likely that shorter-term leases will remain common. The exception will be for tenants seeking concessions in the form of free rent or tenant improvement allowances.
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Jul 7, 2022

Q2 2022 Eastside Office Report

Eastside activity cooled this spring in the face of increasing economic uncertainties related to inflation, war in Ukraine, and supply chain disruptions. Year-to-date, there has been almost 750,000 square feet of positive absorption, primarily because Amazon moved into 1001 Towers. This brought vacancy to 9.4%, which is near the Q4 2020 vacancy prior to most of the pandemic occupancy adjustments of 2021 on the Eastside. Asking rents inching upward downtown suggested that despite the prevailing headwinds, there is sufficient demand in the face of still-dwindling supply of quality space. With 80.8% of the 5.6 million square feet under construction, there are not significant options on the horizon for tenants looking to lease in a new project.
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Jun 14, 2022

Q2 2022 Northwest Regional Life Sciences Report

Regional Analysis of Life Science Trends in the Northwestern commercial real estate markets
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Making a difference in the Puget Sound

Heart of the Puget Sound

Seattle is the largest city in Washington State and the Pacific Northwest. Located between Puget Sound on the west and Lake Washington on the east, Seattle is a unique blend of traditional corporations, older industrial businesses and modern technology firms. The city has a diverse inventory of office and retail space within the central business district; industrial manufacturing and distribution to the south around the Port of Seattle; and multifamily developments throughout the larger incorporated city.

Population: +/- 687,000
Specialties: office, industrial, multifamily, retail, investment

 
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The Headquarters Home

The Eastside, which incorporates all the cities to the east of Lake Washington, is no longer considered a suburb of Seattle. The corporate headquarters of major multi-national organizations such as Microsoft (Redmond), T-Mobile (Bellevue), AT&T Mobile (Bellevue), Costco (Issaquah) and Nintendo USA (Bellevue) are located in the area, and it is recognized as a hub for technology, biotech and medical companies in addition to the entertainment and media sectors. 

Population: +/- 353,000
Specialties: office, industrial, multifamily, retail, investment

 
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The Northern Force

The Northend represents the communities that are north of Lake Washington which consists of all of Snohomish County as well as the cities of Bothell, Kenmore and Woodinville in King County. An industrial-heavy market, the Northend is one of the many homes of Boeing, a staple of the community since 1967. Other large tenants include Aviation Technical Services, Giddens Industries and Zodiac Aerospace.

Population: +/- 295,000
Specialties: office, industrial, multifamily, investment

 
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Distribution Mastery

The Kent Valley, located in South King County, is the fourth largest warehouse and distribution center in the U.S. and the second largest manufacturing and distribution center on the West Coast. It is home to many diverse industries and is rapidly developing into a vibrant urban center with major projects such as Kent Station, the Great Wall Mall and the ShoWare Center. Some of the largest businesses within Kent Valley are Boeing, REI, Columbia Distributing, Alaska Airlines and Starbucks.

Population: +/- 465,000
Specialties: industrial, office, investment

 
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Port Influence

Pierce County, south of King County, is the home of Tacoma, the second largest labor market in Washington state. It is a manufacturing and distribution powerhouse, and the location of the Port of Tacoma, the seventh busiest container handling port in the U.S. This area is home to large industrial and warehouse properties, as well technology and military installations including the U.S. Air Force's McChord Field and the Fort Lewis Army Base.

Population: +/- 500,000
Specialties: industrial, investment

 
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Local leadership

Brokerage teams

Condon McGregor Industrial Team

The Bill Condon and Matt McGregor team of Colliers International are an industrial brokerage group in Seattle WA with specialties in large firm warehousing, manufacturing and logistics facilities.
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Our offices

Office

Bellevue

11225 SE 6th Street, Suite 240
Bellevue, WA 98004
United States
Office

Seattle

601 Union Street, Suite 5300
Seattle, WA 98101
United States

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