Bothell, Washington Commercial Real Estate 0 Listings

Bothell, Washington: A Premier Destination for Commercial Real Estate

Introduction

Bothell, Washington, situated in the thriving Seattle metropolitan area, has emerged as a key player in the commercial real estate (CRE) market. With a population of over 47,000, Bothell is known for its robust economy, driven by strong industry clusters such as biotech, software, and professional services. Its strategic location and business-friendly environment make it an attractive destination for investors and developers looking to capitalize on its unique CRE opportunities.

Economic and Industry Overview

Bothell's economy is diverse, with significant contributions from the biotech, software, and manufacturing sectors. The presence of industry leaders in these fields fuels demand for various commercial property types, including office spaces, industrial facilities, and retail centers. The city benefits from regional economic development initiatives, such as the Economic Alliance Snohomish County, which supports innovation and growth in the local economy.

Strategic Location and Transportation Infrastructure

Bothell enjoys a strategic location with excellent transportation infrastructure. Key logistical advantages include:

Highways: Access to major highways like I-405 and SR 522 facilitates efficient transportation across the Seattle area and beyond.
Airports: Proximity to Seattle-Tacoma International Airport and Paine Field provides convenient access for international and domestic travel.
Rail: The city benefits from nearby rail lines that support freight and commuter services.
Public Transportation: King County Metro and Sound Transit offer extensive bus and light rail services, enhancing connectivity.

For more information, visit the Washington State Department of Transportation.

Commercial Real Estate Inventory & Zoning

Bothell features several submarkets with diverse CRE assets:

Central Business District (CBD): A hub for office spaces and retail establishments.
Industrial Corridors: Areas like the North Creek Business Park cater to industrial and flex properties.
Innovation Districts: Home to tech and biotech companies, driving demand for specialized facilities.

Recent zoning changes and incentives, such as the Downtown Revitalization Plan, aim to attract new developments. Explore the Bothell Zoning Map for detailed information.

Major Employers and Institutions

Bothell hosts several major employers and institutions that drive CRE demand:

Top Employers: Companies like AGC Biologics, Seagen, and Philips Healthcare.
Educational Institutions: The University of Washington Bothell campus fosters a skilled workforce and collaboration opportunities.

For more details, visit the City of Bothell Business Directory.

Notable Commercial Developments & Projects

Bothell is witnessing significant commercial developments, including:

The Boulevard Place: A mixed-use development featuring retail and residential spaces.
Opportunity Zones: Areas designated to spur economic development and investment.

Stay informed on developments via the Bothell Planning Department.

Building Permits, Planning, and Development Tools

Access essential resources for Bothell's building and planning needs:

Market Data & Economic Reports

Utilize public datasets for market insights:

Census Bureau
Bothell's Open Data Portal
Economic impact reports from city sources.

Brevitas leverages AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Bothell's CRE market (link to Brevitas city search).