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NAIOPWA Flash Poll Results: As Tenants Struggle, Property Owners Reach Out in Support 

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Poll Results: As Tenants Struggle, Property Owners Reach Out in Support 
"We will do what it takes for the tenants to survive. Their success is our success."

SEATTLE - On April 16 and 17, NAIOPWA circulated our first “flash poll” to the region’s commercial real estate community, including members and the community at large. Over two days, 54 professionals representing property owners and developers responded to the survey, providing 119 total responses across seven asset types: office, industrial, retail, multifamily, hospitality, mixed-use, and healthcare. 

Poll results represent a snapshot of the current state of the industry, which relies on a diverse business environment that abruptly narrowed in early March. As we might expect, rent/lease payments were down in April and are expected to drop further next month. But regional CRE owners and property managers are clearly united in creative and proactive solutions to keep tenants in their properties.


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SBA Loan Program Intended to Help Businesses Cover Rent Costs During COVID-19 Crisis Begins April 3

graphic with NAIOPWA logo and COVID 19 response in text on blue textured background

Beginning April 3, small businesses (fewer than 500 employees) are eligible for forgivable SBA loans under a provision in the CARES Act passed by Congress and signed into law to address the growing COVID-19 crisis. Primarily intended for businesses to retain employees during the crisis, certain provisions in the program would allow for borrowers to use some of the funds to cover monthly expenses like mortgage interest, rent, and utilities to help stay afloat. NAIOP has compiled a list of resources to help small businesses and other stakeholders navigate the program. 

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Executive Order: Construction Guidance Released on Washington State's "Stay Home, Stay Safe" Order

NAIOP, along with AGC, requested clarification on Governor Inslee's recent “Stay Home, Stay Safe” executive order as it relates to construction activities. The newly released Construction Guidance Memo is online.

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NAIOPWA Requests Extension on Implementation of State Construction Code | MFTE Task Force

graphic with NAIOPWA logo and COVID 19 response in text on blue textured background

In support of our 1,000+ association members, the commercial real estate business industry and the community at large, NAIOP Washington State has submitted an official request to Governor Jay Inslee and to the State Building Code Council requesting a 6-month delay in implementation of new building codes, to January 1, 2021.

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Seattle Construction Code Adoption Delayed to Nov 1

The Seattle Department of Construction & Inspections (SDCI) has provided an important update to NAIOPWA to share with our commercial real estate community. Please distribute widely. 


SDCI is in the process of updating Seattle's construction codes to the 2018 versions of the building, residential, existing buildings, mechanical, energy, fuel gas, and plumbing codes. We have been aiming for an effective date of July 1, 2020, to align with the effective date of the Washington State building codes. However, due to many factors, including the impacts of COVID-19, the effective date of Seattle's codes will be delayed until November 1, 2020. If the 2018 Washington State construction codes effective date is delayed past November 1, we will align the effective date of our codes with the State.

Please visit our code update website for continued information and to review proposed code change documents.

If you have questions, please contact Micah Chappell, Technical Code Development Manager, at [email protected].