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Immaculate 21-Unit in the Heart of Ballard

OVERVIEW 14 tours, 40 signed CA 21-Unit with views of Salmon Bay & Olympic Mountains Sale Price: $4.85M Current Cap Rate: 4.93% Represented Seller & Buyer For more information regarding this case study, please contact: CANDICE CHEVAILLIER, CCIM Principal O (206) 773-2694 cchevaillier@lee-associates.com DANIEL LIM…

OfficeIndustrial & LogisticsCapital MarketsU.S. National
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CREATING VALUE WHERE THERE WAS NONE

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2025 Q4 North America Market Report

Annual net absorption fell from 20.5 million sq ft in 2024 to 852,722 sq ft in 2025 despite more than 12 million sq ft of tenant growth in the fourth quarter. Deliveries in 2025 totaled 253.6 million sq ft, down 52 percent from the 526 million sq ft record set in 2023.

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