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» Retail Vacancy Rate Increases in Bellingham

» Retail Vacancy Rate Increases in Bellingham
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Here's why Bellingham commercial spaces show surprising results during the COVID-19 pandemic

Here s why Bellingham commercial spaces show surprising results during the COVID-19 pandemic
The Bellingham Herald
8 hrs ago
Dave Gallagher, The Bellingham Herald (Bellingham, Wash.)
Apr. 18 While the COVID-19 pandemic upended Bellingham s economy in many ways, demand for commercial property hasn t suffered here as much as elsewhere.
The vacancy rate for retail stores in the first quarter of 2021 in Bellingham increased slightly since 2015, according to Ryan A. Martin, co-owner and broker at Pacific Continental Realty in Bellingham. Martin was a volunteer analyst for several years for the Whatcom Real Estate Research Report, which tracked commercial property vacancy rates until it was discontinued in 2015. He compiled Bellingham commercial real estate data for what will be a regular Pacific Continental Realty report on market conditions. ....

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Here's why Whatcom has fewer people working from home and what that means for offices

Here s why Whatcom has fewer people working from home and what that means for offices
The Bellingham Herald
12/29/2020
Dave Gallagher, The Bellingham Herald (Bellingham, Wash.)
Dec. 29 Whatcom County has a smaller percentage of jobs that allow working from home during the COVID-19 pandemic than the nation s average.
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The Bellingham metro area, which is all of Whatcom County, has an estimated 32.2% of jobs where working from home or remotely is possible, according to a new study from the website Outdoorsy. The U.S. average is 35.5%.
Whatcom s working parents have an even smaller percentage of remote work options, according to a separate report by the website RetailMeNot. It estimates 26.6% of working parents have remote-friendly jobs, while the national average is 33.6%. Lawrence, Kansas, had the highest concentration for small metro areas, topping 45%. ....

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