Added Population Means Added Stuff to Store

The site is approved for building 77,000 square feet of class-A heated space.

SHORELINE, WA—Following the addition of 29,400 workers during the first half of 2018, Seattle is on pace to create more than 50,000 jobs for a fifth consecutive year, according to a second half of the year report by Marcus & Millichap. Office positions, many of them tech related, account for 60% of this year’s employment growth, as higher-paying job creation reaches its highest level since 1999.

The strength of this economy is in turn attracting more families and individuals to the area, translating to net migration of nearly 29,000 residents this year. Overall, the metro’s population is forecast to grow by 49,500 people in 2018, with annual household formations totaling 25,000.