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GVA Kidder Matthews posts latest industrial space numbers for Thurston County

Post by C.R. Roberts / The News Tribune on Nov. 20, 2009 at 4:23 pm |
November 20, 2009 4:23 pm

Beginning this week, commercial real estate broker GVA Kidder Matthews will be reviewing the quarterly state of industrial space in Thurston County.

For the third quarter, the brokerage reports 7,549,941 square feet of space available in the county, with 1,260,613 million square feet vacant.

This compares to figures from Jan. 1, which marked 7,186,047 square feet available, and 928,469 vacant. This works out to a vacancy rate of 16.7 percent on Oct. 1, compared to a vacancy rate for industrial space of 12.92 percent on Jan. 1.

Also, the brokerage reports no industrial space under construction as of Oct. 1, compared to 363,894 square feet under construction on Jan. 1.