In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor delve into the owner-user market in the Puget Sound region, highlighting its resurgence. The discussion covers year-to-date transaction statistics, noting that owner-users have outperformed investors in the number of transactions for the first time since 2008. They explore reasons behind this trend, including investors' aversion to vacancies and the impact of rising interest rates on cap rates. The hosts also provide insights on key considerations for owner-users when deciding whether to lease or buy, and make predictions on market trends for the rest of the year.

00:26 Owner-User Market Overview

00:38 Sales and Transactions Analysis

01:29 Investor vs. User Dynamics

02:13 Impact of Interest Rates on Market

03:05 Leasing vs. Owning Considerations

05:03 Future Market Predictions

05:16 Conclusion and Predictions Recap. You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com