Seattle's Office Market is Catching Fire, but Great Spaces Are Still Available

Seattle's office market is heating up thanks to the growth of several tech companies like Amazon, Zulily and Google. According to a report by Cushman & Wakefield vacancy rates have dropped to the lowest point in the last 4 years spurring a 3.2% increase in asking rents in Q3 compared to Q3, 2012.
At CityFeet we've also seend a HUGE increase in demand for office space in the Seattle area. Views of office for lease listings in the area have increased by 78%, almost doubling on CityFeet.com since November, 2012. Here are the properties that have garnered the most attention in the last 30 days:

5. 5700 6th Avenue South, Seattle, WA - Orcas Business Park is beautifully landscaped and has plenty of free parking. We have an on-site leasing and management office to serve...read more

4. 800 Bellevue Way NE, Bellevue, WA - Bellevue Place is strategically located a few blocks from I-405, with easy access to downtown Seattle and just 20 minutes from...read more

3. 13512 Ambaum Blvd. SW, Burien, WA - Brand new building with elevator access, on-site parking, on-site management (owner occupied)...read more

2. 4634-601 Union Street, Seattle, WA - Two Union Square Center is a center that offers a superior combination of a spectacular location, services, and amenities. The building shares a plaza with the neighboring Washington State Convention...read more

1. 17500 Midvale Ave, Shoreline, WA - High quality, new construction. LEED Gold Green Building. 2 minutes from I-5 Freeway. Lots of free parking...read more

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Have questions about the Office Market in the greater Seattle area?
Ask our featured broker, Crystal McMahon of Coldwell Banker Commercial Danforth.

Looking for office space? Check out our listings in the following Seattle area cities:

• Everett office space for lease
• Kent office space for lease
• Redmond office space for lease
• Renton office space for lease
• Seattle office space for lease

3 Reasons Photos are Important for your Online Commercial Real Estate Listings

They say a picture is worth a thousand words, I couldn’t tell you if that’s true or not, but I can tell you that, in the case of online advertising for commercial real estate, they are worth a small fortune in exposure. They are also extremely valuable in improving both the quantity and quality of leads. Let me explain. 

Exposure 
When two otherwise equal listings are placed side by side, one with a picture, one without, the one with a picture gets clicked and thus viewed 3-4 times more often than the one without. In other words, just by adding a photo to your listing, you’re increasing your odds of finding a quality tenant or investor by 300%. 

Quality Equals Quantity 
The quality of photos on your listings does not seem to effect the exposure. While quality photos don’t increase your exposure they do increase the quantity of leads you’ll receive. Quality photos of your property’s best features entice would be buyers/tenants to email you or pick up the phone. The better the photos, the more likely it is that you’ll turn that 300% increase in exposure into leads. 

Quantity Equals Quality 
Having multiple photos of your commercial property listings can decrease the number of leads that your online listing generates, but that can be a good thing. Multiple interior and exterior photos showing different aspects of your property can answer a lot of questions for you. This can save you a tremendous amount of time by weeding out the unqualified leads and moving your true prospects closer to closing. 

Now, I don’t want to you to think that without photos, it’s not beneficial to market your listings online. It’s very valuable, but to get the most of your online listings adding lots of good quality photos is important on many levels.

Phoenix Retail Vacancies Drop - Listings on CityFeet Get Hot

Phoenix's retail vacancy rates and availability rates have dropped to their lowest levels since 2009 according to a Q3, 2013 report by Voit Real Estate Services. However demand on CityFeet.com for retail space in the Phoenix metro area is accelerating (add your listing to CityFeet today and take advantage of the trend). To give you an idea of what people are looking at, here are the 5 most viewed retail spaces in the Phoenix area:

5. 610 E Bell Rd, Phoenix, AZ - High traffic intersection of 7th Street & Bell contributes to stable occupancy at this grocery anchored center. Recently updated...read more

4. 6744-6766 W. Glendale Ave, Glendale, AZ - New construction retail center anchored by Family Dollar. The average Family Dollar store has over 2,000 customers per...read more

3. 1107 East Bell Road, Phoenix, AZ - Highly visible with plenty of parking located on the southwest corner of Bell Road and 12th Street in Phoenix. Densely populated...read more

2. 2633 W Carefree Highway, Phoenix, AZ - Shopping center anchored by Mountainside Fitness. Within 1 mile radius: - Over 110K Average household income - 2.8 Average household population - Average age...read more

1. 7144 East Stetson, Scottsdale, AZ 85251 - The Shops at Southbridge now seeking unique restaurants, boutique retail concepts, hair salons, spas, nail salons and/or related industries catering to affluent...read more

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CityFeet Drives Leasing of Two Office Suites in Salinas, CA

When Brigid McGrath Massie, M.B.A. of Salinas, CA was tasked with leasing two office suites that had been vacant for a year in a building located outside of the Central Business District, she turned to CityFeet.com.

“I searched on Google for reputable commercial leasing sites and found CityFeet was among the highest rated,” said McGrath Massie. “I was able to rent both office suites at very competitive rents thanks to the numerous responses I got from my listing on CityFeet.com.”

“I felt for the price, it was a valuable and effective service,” continued McGrath Massie. “I also really appreciated the rapidity and professionalism of the response I got from the staff when I contacted them with a question. I’d definitely recommend CityFeet to anyone looking to lease office space.”

Boston's 5 Hottest Office Properties

Boston's office market is heating up. Vacancy rate dropped to 9.9% in the second quarter after posting a positive net absorption of 715,625 square feet according to a report by the CoStar Group and the demand for Boston office space on CityFeet is going through the roof (take advantage of trend, add your listing to CityFeet today). But what are prospective tenants looking for? Perhaps this list of Boston's 5 hottest, most viewed office listings on CityFeet will provide you with some insight:

5. 63 Fountian Street, Framingham - 15,000 square feet - 5th Floor with Water views - Elevator - 6 Bathrooms - 13 ft x 8 ft windows **Building tenants: Dept. Social Services...read more

4. 20 Park Plaza, Boston - 1,000-6,000 square feet available in the first-class, full-service office building adjoining The Boston Park Plaza Hotel in Boston's prestigious...read more

3. 39/45 Newbury Street, Boston - 400-600 sf of office located on the exclusive first block of Newbury Street in the heart of Boston's Back Bay. With large...read more

2. 179 Bear Hill Road, Waltham, MA - 2918 sq. ft. office on first floor available immediately - 2 months of FREE rent for five-year lease. Existing furniture in space can be included or removed. Plug-and-play...read more

1. 319 A Street, Boston - Fort Point Channel Creative Office Loft Space for Lease. Located in the thriving Seaport District. Close to major highways and MBTA lines, South...read more

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Houston's Top 5 Retail Properties

As reported in Globe St, Houston retail is firing on all cylinders. With retail vacancy rates dropping below 10%, it's no surprise that searches for retail space in Houston has been surging on CityFeet. Here are the top 5 most popular retail spaces over the last 30 days:

5. The Colonnade of Mills Branch Shopping Center at 2510 Mills Branch Drive, Kingwood - End cap 4,400 square foot second generation space - former Little Gym location...read more

4. Mason Park Shopping Center located at 501 South Mason Rd, Katy - Mason Park Shopping Center is on the northeast corner of Mason Rd. and Kingsland Blvd. in Katy, TX. National and regional tenants include Petco, Starbucks...read more

3. Copperfield Crossing shopping center at 15540 Highway 529, Houston - Located at the northeast corner of Hwy 6 and 529. National and regional tenants include Home Goods, PetsMart, Best...read more

2. Retail Space at 12373 Scarsdale Blvd, Houston The space available is 2,924 sf. It has 860 sf of showroom, 250 sf of office space and a back room that is 1,300 sf with 20 ft...read more

1. PlazAmericas shopping center located at 7500 Bellaire Blvd, Houston - PlazAmericas is a unique regional shopping center conveniently located in Southwest Houston, between the Westpark Tollway and US 59, within minutes of the Houston Galleria...read more

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The 5 Hottest Commercial Real Estate Listings in Los Angeles

Summer has arrived and the number of searches on CityFeet for Commercial Real Estate in Los Angeles has risen like the mercury in a thermometer during a heatwave. Two industrial spaces, two offices and one multifamily property have all cracked this month's list of the 5 hottest commercial properties in Los Angeles.

5. Office for lease at 4165 E. Thousand Oaks Blvd - Fantastic Westlake Village location - across from the Westlake Promenade. Excellent access to Ventura (101) Freeway. FSG sublease in second floor location...read more

4. Multifamily for sale at 3637 Dunn Dr., Los Angeles, CA - Great West LA location, built in 2008. 4 Townhomes each have 3 Bedrooms and 2.5 Bathrooms with 1,500 Sq. Ft., each collecting $2,500 Monthly Rent, potential...read more

3. Industrial property for lease at 2409#b strozier, South El Monte - Newer building with 20ft ceilings, 3ph sprinkler system, 10 ft roll doors...read more

2. Office Space for lease at 5900 Wilshire Boulevard, Los Angeles Large corner office, fully furnished w/ custom made Hayworth office furniture and Humanscale seating...read more

1. Industrial property for sale at 2411 Exposition Pl, Los Angeles - Rare opportunity and a great value on this quality build warehouse near USC. Excellent owner user opportunity, possible food service, artist studio...read more

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Miami's 5 Hottest Commercial Real Estate Properties

Let's face it, everything about Miami is HOT! The weather, the Heat, the views in South Beach, even the Commercial Real Estate market, but do you know which properties are the hottest, we do...and we're nice enough to share. Here are the 5 hottest commercial real estate listings in the greater Miami area...if these listings don't pique your interest, we're confident you can find something that does on CityFeet.com.

5. Retail Property for sale at 26301 S. Dixie Hwy, Miami - US 1 frontage, commercially zoned, ½ acre M/L, fenced, large paved parking, with a 1325 sq. ft. building includes 2 garage bays...read more

4. Multifamily for sale at 845 SW 6 St, Homestead - Investment Opportunity Knocks!...Great income potential with this 8 unit apartment building. Each unit is 1 Bedroom / 1 Bathroom with individual...read more

3. Office Space for lease at 4995 NW 72 Ave, Miami - Great place for business! Best price won't last long! Electricity included! Wells Fargo Bank in the Lobby area of the Building, Ample Parking...read more

2. Retail Space for lease at 9375 SW 56th St, Miami End-cap and in-line space available for rent at the recently renovated Miller Heights Shopping Center. Join Dollar General and other great retail tenants...read more

1. Office/Retail Space for lease at 11735 SW 147 Ave, Miami - Hammock Plaza Shopping Center in Kendall/Tamiami Airport Area Retail/Office space available. Department of Motor Vehicle office in same location...read more

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Chicago's Hottest Office and Retail Properties

Are you looking for office or retail space in the greater Chicago area? Then you've got to check out the five hottest properties on CityFeet.com. Don't worry, if these listings don't pique your interest, we're confident you can find something that does. Just perform your own search.

• Office
• Retail

5. 380 Terra Cotta Road, Crystal Lake - Holy Toledo!! New Office Space, 1800sf Beautifully built out with 4 large...read more

4. 1150 Lake St, Roselle - The Roselake Office Building located at 1150 Lake St has three office suites in various sizes and layouts available for lease. Each suite has a private...read more

3. 112 South Sangamon Street - 3,890 Rentable SF of Office Available in the West Loop on Mary Bartelme Park. Great location with parking available...read more

2. 7311-13 North Western Avenue Fantastic office space opportunity on well traveled North Western Avenue! Property offers a generous 3200 SF of comfortable individual offices...read more

1. 822 W. Washington - Subterranean West Loop Timber and Loft Office Space Located in Chicago's West Loop Neighborhood...read more

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5. 3257 W. North Avenue - 1,000sf of commercial retail/office space on North Ave in Humboldt Park. Vintage building in a high foot and vehicular traffic count...read more

4. 3115 N. Lincoln Ave - Fully built-out restaurant available for purchase & lease. Asset sale must be accomplished before a lease for the space can be determined...read more

3. 900 S. Michigan Ave - For Lease - 1,950 sq. ft. of high profile corner retail on Michigan Ave...read more

2. 1922 W. Montrose - Highly visible retail space available. Potential to add parking in the back of the space for qualified tenants. Fantastic exposure and upgraded...read more

1. 1855 W. Diversey Parkway - Excellent Lincoln Park Retail Space Available. Corner Store Front With Restaurant Infrastructure...read more

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New York City's Hot Office Listings on CityFeet.com

Ever wonder what prospective office tenants are looking at when they search on CityFeet.com? Now you can see for yourself. Here are the 5 office for lease listings that had the most views over the last 30 days:

5. 5th Ave Office with Amazing View - Corner unit with large windows, great light, and high...read more

4. 20 Jay Street - Spacious open plan office space with high ceilings...read more

3. Lexington Ave Office - Steps to Grand Central...read more

2. Exquisite Chelsea Loft /Office with Great Sunlight & Views - This space with attended lobby, large windows creating great sunlight and views...read more

1.  Prime Penn Plaza - This open loft-style office has great natural light from the wall of street-facing windows. The office has...read more