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A Review of Q1 and Future Predictions for the Puget Sound Real Estate Market

How has the first quarter of 2023 been for the Puget Sound market? And what's to come in Q2?

Co-hosts Bill Condon and Matt McGregor do a review of Q1 and predict what may happen in the new year. Listen to learn more about leasing and subleasing, the theme of the market, the largest deal of the quarter, and what has been taking place in the development space, in terms of port activity.

For Matt, Q1 was a good quarter despite some bad news in the media.

Absorption numbers are misleading but, overall, it has been a good quarter from a leasing standpoint.

The current vacancy rate in South Seattle…

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