Kitsap County Trends Report...39


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Commercial Real Estate (cont.)

Industrial Market: Kitsap County is currently limited to three major industrial parks, Olympic View (Port of Bremerton), North Kitsap and Day Road on Bainbridge Island. The Auto Center area of Bremerton is also surveyed, which has the largest concentration of industrial space in the county. The WestSound Business Park is also included to provide a look at the East Bremerton market.

Kitsap County
Industrial Vacancy Survey
As Of March 1999
Industrial Space (Sq. ft.)Percent
Industrial ParkAreaSurveyedVacantVacant
Day RoadBainbridge109,00000.00%
North KitsapPoulsbo222,53815,0006.74%
Olympic ViewPort Orchard350,80040,00011.40%
Auto Center AreaBremerton339,75521,5476.34%
West Sound BPE. Bremerton46,5004,0008.60%
Total1,068,59380,5477.54%
Source: Bradley Scott, Inc.

From this survey, Bradley Scott, Inc. found a total of 80,547 square feet of space available, indicating a countywide vacancy rate of 7.54%, nearly 2% higher than in September 1998 and the second highest rate experienced in the six years surveying this market (September 1993 - 9.27%).

Kitsap County Industrial Vacancy Rates Graph

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