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Seattle’s Large Box Industrial Availability Rates Rise Faster Than National Average

Speculative Deliveries Push Vacancy Higher
CoStar Analytics
November 1, 2023 | 2:21 P.M.

In the Seattle metropolitan area, the industrial availability rate has risen since the start of 2022. Approximately 32 million square feet is listed as available to lease or buy. That is the highest amount of industrial space on the market since 2012.

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News | Seattle’s Large Box Industrial Availability Rates Rise Faster Than National Average