Areas of High Development include:
- Greater Bellevue
- South Sound
- North Sound
The Pacific Northwest is well positioned for years of sustained growth with a steady increase in life wage jobs. Many new businesses and industries have moved and established themselves here since the post- recessionary period adding an abundance of diversified employment which no longer ties the region to several iconic employers.
Commercial Real Estate is steadily rising from the bottom of the Market with less available and more expensive space but still is not at the level of the pre-2006 market. New construction is abundant with many strip malls and mixed use complexes being developed making first tenant opportunities available in many of the suburbs.
The Region’s mean income continues to climb higher with strong growth in Technology and Manufacturing. The available inventory in the housing market is approaching record lows making home prices more expensive and forcing new buyers to commute farther and spend more hours on the road in congested traffic. This combined with older vehicles on the road (average age of 12 years) makes a very attractive market for the recession proof business of Auto Care in the Pacific Northwest.
For immediate consideration, feel free to call or complete our Quick Connect form and we’ll get the conversation started today.