Tukwila

Seattle - WA USA - Industrial Submarket

Industrial real estate intelligence for the Tukwila submarket. 16.8M SF of inventory with 6% vacancy. Data sourced from various MLS platforms.

16.8MSF

Inventory

1.3MSF

Available

Vacancy

7.5%

Availability Rate

$16.02

Asking Rent

1.8%

Rent Growth

60KSF

12mo Absorption

0SF

Under Construction

Market Metrics

12mo Delivered

0 SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$242

Cap Rate

5.8%%

12mo Sales Volume

$207,650,000

Sales Vol Growth

88.6%

Asset Value

$4,069,679,979

Net Absorption

+60K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
EdgeConneX SEA01	$13.3M	50,150	Northwest Building, LLC
4200 194th St SW	$15.0M	39,604	Landmark Dividend
Liberty Mutual Data Center	$15.3M	71,000	Microsoft

Data Centre Development Potential

Moderate vacancy (6%) in Tukwila suggests a balanced market with selective opportunities for data centre conversion or development. Positive net absorption of 60K SF over the past 12 months signals healthy demand fundamentals.

Other Submarkets in Seattle - WA USA

Puyallup/S Hill

35.9M SF13.6% vac$12.49

Auburn

33.1M SF10.7% vac$12.95

Kent Valley N

32.1M SF11.3% vac$12.59

S Everett/Harbor Pt

27.0M SF6.3% vac$15.77

Kent Valley S

21.3M SF11.7% vac$12.93

Port of Tacoma/Fife

22.0M SF12% vac$12.16

Evaluating Tukwila for Development?

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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.