Bellingham Commercial Real Estate
Bellingham is the largest market for commercial real estate, north of Snohomish County. There are four major retail
sections located within the City of Bellingham:
Downtown, Cordata, Sunset, and Fairhaven.
Bellingham also
has an international airport, as well as a major port that is in the process of
being upgraded. The local government of late has encouraged growth in downtown Bellingham by offering
tax breaks on commercial improvement. The 770,000 sq/ft Bellis Fair Mall is
located in north Bellingham,
the area known as Cordata. Cordata is also rich with medical facilities, and
big box retailers such as Costco and Wall Mart.
Bellingham Commercial Real Estate
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Commercial Real Estate in Bellingham, WA
In
addition to commercial retail, Bellingham
also offers a great deal of industrial buildings and land available for development. The
majority of the industrially zoned land is located in the Irongate
Business Park,
Auto Row on Iowa Street,
and along the Guide Meridian in north Bellingham.
Iowa Street
is home to nearly every auto dealership in Bellingham,
including Audi, Porsche, Mercedes, Volvo, Jeep, GM, Ford, and Toyota.
Bellingham WA Commercial Vacancy Rates (*updated 4-09)
Bellingham Office Space The total square footage of Bellingham office space is 5,377,944 with an overall office vacancy rate is 4.37%.
Bellingham Retail Space The total square footage of Bellingham office space is 11,895,296 with an overall office vacancy rate is 4.92%.
Bellingham Industrial Space The total square footage of Bellingham office space is 8,440,232 with an overall office vacancy rate is 4.35%.
*statistics by the Whatcom County Real Estate Research Report 2009
Call direct
360-296-7365 or e-mail
KC@Windermere-Commercial.com for more information today. Our office is located at Windermere Fairhaven - 1200 Old Fairhaven Pkwy #106 - Bellingham, WA 98225