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Seattle-Area Retail Vacancies Remains at Historic Low Despite Prominent Closures

Puget Sound Business Journal   |   Jessica Perez

Posted In — News & Press | In the News

Seattle’s retail market is tighter — and smaller — than you might think.

Minimal development and repurposing of spaces have contributed to a decline in the available retail inventory in the Seattle market, according to Kidder Mathew’s latest retail report. The brokerage reports retail inventory in the three largest counties — King, Snohomish and Pierce — has dwindled by about 1.5 million square feet since 2020.

For the full story, go to the Puget Sound Business Journal.

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