Dylan Simon -- Colliers International
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Dylan Simon -- Colliers International
I specialize in the sale of apartment buildings in Seattle and the greater Puget Sound region. I focus on the sale of both apartment buildings and developable land ranging from $3M to $100M. I am passionate about real estate investment and development, economics, technology and urbanism. Through brokerage I assist apartment investors and developers in achieving the highest possible levels of return and build an advisory relationship that lasts ownership life-cycles instead of just a transaction.
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Seattle DJC.com local business news and data - Architecture & Engineering - Durkan to fast-track backyard cottages

Dylan Simon's insight:

"Seattle will fast-track preapproved designs for detached accessory dwelling units (DADUs) and hire architects to develop several standard architectural plans for backyard cottages that could be built and permitted more quickly and at a lower cost."

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Washington State Convention Center addition cost rises to $1.7 billion - Puget Sound Business Journal

Washington State Convention Center addition cost rises to $1.7 billion - Puget Sound Business Journal | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

The addition is a critical project for the region's hospitality industry. Due to a lack of exhibit space the center has over the last five years turned away about 350 events worth $2.1 billion, according to Griffin. Recent studies show the addition will generate revenues of about $260 million a year, up from an earlier estimate of $235 million.

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As Rents Rise, Advocates in Multiple Markets Push for New Rent Control Laws

As Rents Rise, Advocates in Multiple Markets Push for New Rent Control Laws | Dylan Simon -- Colliers International | Scoop.it
Multifamily developers often argue that rent regulation that extends to new construction would reduce the incentive to build new housing. In the long run, a smaller number of rental units would increase the competition for housing, forcing rents higher overall.
Dylan Simon's insight:

Washington State is also on this list—legislation to repeal the preemption of rent control ordinances by cities was introduced on January 10.

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25 cities adding (and losing) the most jobs in 2017

25 cities adding (and losing) the most jobs in 2017 | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

Washington cities take 7 spots on the list of 25 cities adding the most jobs in 2017, with Bellingham coming out on top — "U.S. unemployment dropped to 4.1% in October, the lowest since December 2000."

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To Market we go! Pike Place was most popular Uber destination in Washington in 2017; see all 50 states

To Market we go! Pike Place was most popular Uber destination in Washington in 2017; see all 50 states | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

"Pike Place Market beat out the Space Needle, the sports stadiums, various bars, neighborhood hotspots and more to be the top destination in Washington."

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Microsoft Corp. leases 86,000 square feet near downtown Redmond, Washington - Puget Sound Business Journal

Microsoft Corp. leases 86,000 square feet near downtown Redmond, Washington - Puget Sound Business Journal | Dylan Simon -- Colliers International | Scoop.it
Microsoft is planning a multibillion-dollar headquarters overhaul to increase office space by 2.5 million square feet and accommodate as many as 8,000 more employees. Meanwhile, Microsoft continues to lease office space elsewhere.
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Washington state added nearly 100,000 jobs in 2017 - Puget Sound Business Journal

Washington state added nearly 100,000 jobs in 2017 - Puget Sound Business Journal | Dylan Simon -- Colliers International | Scoop.it
Nearly 10,000 people disappeared from the state's workforce in December — but the Seattle area didn't feel it a bit.
Dylan Simon's insight:

Continued growth for Washington State, which added 95,500 new jobs in all 13 industry sectors last year, with professional and business services and the construction industry leading the way.

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Sears to close another 103 stores including three stores plus a Kmart in Washington state - Puget Sound Business Journal

Sears to close another 103 stores including three stores plus a Kmart in Washington state - Puget Sound Business Journal | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

Sears announces additional store closures: "The list includes the Chehalis Kmart and Sears and the Sears stores in Federal Way and Shoreline."

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Washington state leads the nation in personal income growth

Washington state leads the nation in personal income growth | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

"Earnings — defined as wages and salaries — increased by 1.2 percent in Washington….Nationally, personal income increased 0.7 percent in the third quarter of 2017."

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Seattle, King County, Washington State Continue to See Best Wage Growth in the U.S.

Seattle, King County, Washington State Continue to See Best Wage Growth in the U.S. | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

"Seattle tied with San Francisco for fastest wage growth in October, but San Francisco slowed down slightly to 1.9 percent, moving it into third behind Los Angeles in the ten metros tracked in the Local Pay Reports studies. Seattle was alone in first place in November."

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