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Puget Sound Leads Nation for Availability in Industrial Projects

New Development Is Pushing Vacancy Higher
CoStar Analytics
August 14, 2023 | 8:23 P.M.

About 88% of the under-construction industrial space in the Seattle metropolitan area is listed as available. Only 12% is preleased. That marks the highest availability rate among the largest 50 metropolitan areas in the United States.

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News | Puget Sound Leads Nation for Availability in Industrial Projects