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Family Office Briefing on research byNewmark·Dec 12, 2025

Seattle Industrial Market Report 3Q25

Seattle industrial market shows increased vacancy and steady sales volume in Q3 2025 — family offices should consider co-GP opportunities with disciplined operators.

IndustrialSeattleWashington

Key Metrics

MetricValue
leasing_volume_q3_20253.58M SF
vacancy_increase_bps227bps
class_a_availability21.4%
unemployment_rate4.3%
avg_price_per_sf_q3_2025$435$/SF
cap_rate_q3_20254.3%
construction_under_way3.6M SF

Metrics extracted from the source report and independently fact-checked. Method →

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