Commercial Property:

There is a continual growth in commercial property construction developments in the city of Seattle. From the downtown developments, and new road construction near Safeco Field and Qwest Field, the city is creating a great deal of warehouse, retail, and office space for all entrepreneurs to explore. In a recent survey of office vacancies in the greater Seattle area, rates compared to many other large-scale cities. Office space rates start at around $300 a month for small spaces and upwards of $1.50 - $2 a square foot for 1,000 square feet and more. The Seattle Washington area is full of options to rent or lease (short or long term), which is interesting to note, and some of the prices are so low it's ridiculous. Finding a good Seattle commercial property to rent starts with searching online or working with a tenant rep or broker, but now you can do all of that on our website - www.officespaceheaven.com. We service most of the local areas in Seattle like: Airport, Bellevue, Beacon Hill, Burien, Capitol Hill, Downtown, Dupont, Edmonds, Everett, Fremont, Houghton, Issaquah, Kent, Kirkland, Lacey, Monroe, Olympia Park, Pierce, Redmond, Shoreline and Tacoma. In addition, we also service office spaces in the Northwest and California like Portland, San Francisco, San Jose, and Oakland.

The largest city in the state of Washington is Seattle. Often referred to as “The Emerald City” the city of Seattle is known for its rich history in music, cuisine, and coffee. The estimated population of the city center is 602,000 and the estimated metropolitan area of 3.4 million residents, ranked 15th in the United States. The city is a major hub of culture for the northwest and has been inhabited for over 4,000 years.

Seattle News:

The economic picture of the Seattle area relies heavily on a great deal of industries. The area is home to many vocational backgrounds including, health care, service, maritime, construction, and entertainment. The city has received a boom in development and residential movements for the last decade. Some of the larger companies in the area include Jones Soda, Tully’s Coffee, Starbucks, Dendreon, Dick’s Drive-In, Vulcan Inc, Washington Federal Savings, and so much more. There is a great deal of employment opportunities in the area, despite the national economical downturn in 2009. The unemployment rate of Seattle recently rose to 9% in recent months, and has economists forecasting a positive outlook. As the economy rebounds, local Seattle residents hope that the commercial property sector will follow and allow monthly rental rates to climb back up to normal levels. The climate of Seattle is classified as temperate Oceanic. The area receives a great deal of rainfall and features mild, damp winters and relatively good overall summers. The area is often cited as being a rainy city, and it is somewhat true. The climate gets an average of 58 clear and sunny days a year and most of them are in the summer months. While some residents will argue that the area isn’t all rain, it statistically showcases a damper climate throughout the year.

Seattle House Prices:

The real estate market in Seattle is somewhat strong compared to other large-scale cities in the United State. The median home price of the greater Seattle area is at around $302,600 with a 2-5 year growth rate of around 5%. Analysts seem to be positive in regards to the upcoming forecast of the real estate market in Seattle, Washington. To get a better feel for the local area, or any other major city, check out our articles.

The mayor of Seattle is Michael McGinn and is a democrat. He won a very close race against popular mayor Gregory J. Nickels. The mayor supports a wide variety of left wing policies including legalization of Marijuana and other movements. He has been in favor of keeping tradition alive in the downtown area by opposing the replacement of the Seattle viaduct, and has been mayor since the 1st of January 2010.