Kinzer Hospitality Expert Jena Thornton breaks down Seattle hotel trends to watch in 2020 and key figures from 2019. 2019 Key Statistics $775,000 Highest price per key sale – The Mark 81% occupancy Luxury class leads occupancy rates 11.6% Supply increase in downtown Seattle 1.8% RevPar Everett had the only positive RevPar in the region…
Tomorrow is Another Stay: Hotel Trends & Key Figures
Capital Markets: 2020 Predictions
Led by Partner Stuart Williams, our expert Capital Markets team offers their predictions for key figures in the Seattle office market in 2020.
Capital Markets: 2019 in Review
Kinzer Partners’ Capital Markets team looks at 2019 in review to break down the headline statistics from a record-breaking year in Seattle Commercial Real Estate. The below figures are for the Seattle-Bellevue-Tacoma MSA, which includes King, Pierce and Snohomish counties. Net Absorption: 3.4M SF Net absorption in 2019 was driven by the growth of big…
Seattle Market Update & Forecast
Bolstered by rising rent and employment figures and some of the tightest office vacancies in major U.S. markets, Seattle’s commercial real estate market is showing impressive strength as we move into a new decade. That was one takeaway from Jared Kadry, Senior Market Analyst for CoStar, as he stopped by the Kinzer offices to share…
Craig Kinzer Op-Ed: Don’t Rush in to Opportunity Zones
Created under the Tax Cuts and Jobs Act of 2017, Opportunity Zones have remained a hot topic in commercial real estate investment ever since. They offer substantial benefits to investors compared to traditional instruments. The local market’s strong long-term outlook and favorable tract locations have made investing in Seattle Opportunity Zones worthy of consideration. Despite…
2019 Mid-Year Seattle Office Market Update
Kinzer Partners is a proud member of the Exis Global network of independent commercial real estate firms. We represent Seattle within this collection of first-class, tenant rep-focused firms that reaches across the U.S. and Canada, Europe, Asia and Australia. As part of a network-wide effort to provide information and insight into the property markets of…
Breaking ground for new Odessa Brown Children’s Clinic in Othello
Construction is officially underway for Seattle Children’s new Odessa Brown Children’s Clinic (OBCC) in Othello. A recent groundbreaking ceremony brought together representatives of Children’s, its partners and key stakeholders in the community to commemorate a major milestone for the project. Kinzer Partner’s Shelley Gill, who has worked closely with Seattle Children’s for more than 14…
Tomorrow is Another Stay – Surviving Seattle’s Hotel Supply Glut
Tomorrow is Another Stay is a special section of the Kinzer Blog showcasing exclusive analysis and insight on the Seattle hotel & hospitality industry by Jena Thornton, a 25-year veteran of the industry. A hotel data junkie with vast experience as an owner, operator and developer, Jena breaks down trends and offers forecasts for the…
Adrienne Hunter joins Kinzer Partners’ capital markets team
FOR IMMEDIATE RELEASE June 25, 2019 Media contact: Mark@kinzer.com, 206-607-8236 Read the coverage: The Registry Seattle Daily Journal of Commerce Adrienne Hunter joins Kinzer Partners’ capital markets team SEATTLE, WA – Kinzer Partners today announced Adrienne Hunter as the latest addition to its growing capital markets team. She will be responsible for…
Craig Kinzer breaks ground at SU’s Center for Science and Innovation
A powerful response to unprecedented demand for STEM degrees, Seattle University’s Center for Science and Innovation passed an important milestone on May 30 with a ceremonial groundbreaking. Craig Kinzer, Partner at Kinzer Partners and a member of the project’s Task Force, wielded a golden shovel and tossed dirt in the air alongside other task force…