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Estimating that every five new jobs creates demand for one new apartment unit, the region will require more than 40,000 new apartment units to maintain equilibrium with job creation and in-migration.
Santa Clara Square office tenants and visitors can eliminate any pick-up/drop-off location guesswork by going to the numbered RideStop sign (RideStop Santa Clara Square 4) that matches Lyft apps.
Set against a nationally positive retail landscape, three CORFAC International executives discuss the factors that are driving up retail activity in their regional markets.
Due to Cytracom's rapid growth and plans to increase its workforce by 30%, it is tripling its space at AllenPlace I, which will soon span 11,870 square feet.
There's demand for apartments here but land use restrictions and a shortage of utility infrastructure make it challenging to build, resulting in few new multifamily communities on the ground or in the pipeline.
Investment bank Greenhill & Co. signed a 78,000-square-foot lease at the Rockefeller Center tower, where a $600 million capital improvements program is almost complete.
DivcoWest recently purchased West Lake Union Center, a 10-story class-A office building at 1505 Westlake Ave. North in Seattle's popular South Lake Union submarket.