WA - Clark County
WA - King County
DEMOGRAPHICS
MARKET HIGHLIGHTS
DEMOGRAPHICS
MARKET HIGHLIGHTS
Portland
Vancouver-Beaverton,
OR-WA
Seattle
Tacoma
Bellevue, WA
•;Overall sales and leasing of
Office and Industrial properties
are picking up.
5,894
6,684
•;The Multi-Family sector is still
very strong. Rental rates are
predicted to increase for the
next 3-5 years.
3,433,786
2,261,246
•;The Columbia River Crossing - the
new I-5 Bridge (which is in the
final planning stage) - will connect
Vancouver, WA with neighboring
Portland, OR. It is anticipated
that the new bridge will boost the
regional economy and directly
benefit the Clark County business
community through improved
freight mobility.
•;Residential prices fell in 2011,
and sales continue to improve.
1,373,207
878,239
•;In Spring 2012, Washington State
University Vancouver will open the
new Engineering and Computer
Science Center – a $43.5 million,
56,000 SF building.
$86,419
•;Boeing and other companies are
experiencing a once in a lifetime
market. Companies are building
or moving into larger facilities.
$73,445
1,502,591
952,611
•;Apartments continue to be a hot
sector in the investment market.
Cap rates remain strong in favor
of sellers in the 6+% range. Low
interest loans in the 4+% range
are spurring sales.
7.2%
9.2%
•;It’s a buyer’s market for Land.
Commercial Land on major
arterials is selling at 70% of its
2008 peak value, with residential
Land selling at 50% of its 2008
peak value.
•;King County is bordered by
the Puget Sound to the West
and the Cascade Mountains to
the East. People can do many
different activities such as
fishing, skiing, bicycling within
an hour of where they live. King
County is one of the best places
to live and work in the U.S.
CONTACT
Coldwell Banker Commercial
Jenkins-Bernhardt Associates
1500 D St.
Coldwell Banker Commercial
Danforth & Associates
33313 First Way S.
Vancouver, WA 98663
(360) 699-4494
www.cbcworldwidenw.com
•;The Columbia River Economic
Development Council recently
released a 20 year plan call for
establishing Clark County as a
regional center of growth and
innovation in the information
technology sector.
Federal Way, WA 98003
(253) 874-3200
www.cbcdanforth.com
CONTACT
OFFICE
RETAIL
OFFICE
RETAIL
Vacancy
N
Vacancy
N
Vacancy
P
Vacancy
P
Absorption
P
Absorption
P
Absorption
Q
Absorption
N
Rental Rates
Q
Rental Rates
N
Rental Rates
Q
Rental Rates
Q
INDUSTRIAL
MULTI-FAMILY
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Vacancy
Q
Vacancy
Q
Absorption
N
Absorption
P
Absorption
P
Absorption
P
Rental Rates
N
Rental Rates
N
50 Rental Rates
N
Rental Rates
P
