In this episode of the Industrial Advisors Podcast, hosts Bill Condon and Matt McGregor discuss the complexities of vacancy rates in various locations and contexts. They highlight how vacancy can be misleading, with differences based on location, building size, and data tracking methods from firms like Colliers, CBRE, and Cushman. The discussion breaks down vacancy figures in regions such as Seattle, Tacoma, Kent, and Olympia, emphasizing the importance of detailed market analysis. They also touch on trends in subleases and the potential for landlords to consider demising larger buildings to meet market demands.

00:00 Introduction to Vacancy Rates

00:33 Welcome to Industrial Advisors Podcast

00:43 Understanding Vacancy Deception

01:18 Comparing Vacancy Data Across Firms

02:52 Location-Based Vacancy Analysis

04:06 Impact of Building Size on Vacancy

05:39 Current Market Trends and Challenges

06:25 Conclusion and Final Thoughts

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