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2017 Broker Forecast [April Breakfast Recap]

panel_headshotsIn a very highly attended event, the annual Broker’s Forecast was presented to our Breakfast attendees on April 26. The breakfast was sponsored by Rushing, LBA Realty, O’Keefe Development and Sellen Construction - we sincerely thank them for their continued support. President Kristin Jensen began the meeting and gave the assembly an update on new members and introduced Kris Beason who gave some background on Sellen. John Swanson from Umpqua Bank also made a short presentation. We heard about the Community Enhancement Project which will be on September 30 at Farmer Frog in Woodinville.

Rob Swartz, Senior VP of Kilroy Realty, moderated our panel and introduced our esteemed panelists:

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Economic Impact of Commercial Real Estate in Washington State [NAIOP News]

Report: Commercial Real Estate in Washington State Supported 43,130 Jobs and $6.3 Billion of GDP in 2016

SEATTLE – In late February, the NAIOP Research Foundation released the NAIOP Economic Impacts of Commercial Real Estate report (2017 Edition). The report is conducted for purposes of estimating the annual economic contribution of commercial real estate development to the U.S. economy. 

National highlights from the 2017 report include:

  • Commercial real estate development supported 6.3* million American jobs in 2016 (a measure of both new and existing jobs).
  • Commercial real estate development contributed $465 billion to the GDP* in 2016.
  • There were 410.1 million square feet of commercial real estate space built in 2016, with capacity to house 1.1 million new workers.

Locally, 2016 economic impacts in Washington State included: 

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This is why NAIOP works. [Local News]

This is why NAIOP works.

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NAIOP Washington State Wins Chapter of the Year [Chapter News]

This morning in Washington, D.C., NAIOP Corporate named Washington State the 2017 Chapter of the Year, recognizing the overall strength of our local organization. The annual merit awards program evaluates chapter education, government affairs involvement, member recruitment and retention, communications, and chapter management. 

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Congratulations Night of the Stars Winners!

2015 NAIOP Washington State Night of the Stars Honors Local Real Estate Projects, Companies and Leaders

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2015 Night of the Stars Awards Finalists Announced

Finalists and Hall of Fame Honoree Announced for 2015 NAIOP Washington State Night of the Stars, Honoring Local Real Estate Projects and Companies

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