David Rehm Real Estate

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Bellingham, WA
David Rehm Real Estate

One man for all your real estate need, commercial & residential.

07/12/2026

Just leased! 🎉

This 28,800 SF industrial property is officially off the market. Congratulations to everyone involved—I appreciate the opportunity to help bring this transaction together.

If you're looking to lease, buy, or sell commercial real estate in Whatcom County, I'd be happy to help.

05/22/2026

📈 Whatcom County’s industrial market continues to show resilience heading into summer 2026. With vacancy remaining low at just 1.7% and no new industrial construction currently underway in Bellingham, demand for industrial space is staying strong.

Over the past year, 66 industrial properties traded hands totaling nearly $70M in sales volume — a strong indicator that investors and business owners are still actively pursuing opportunities in our local market.

Here’s a quick snapshot of the current market:

▪️ Cap Rate: 7.7%

▪️ Avg Sale Price: $128/SF

▪️ Avg Lease Rate: $11.90/SF

▪️ 63 Active Listings | 3 Sold Listings

If you’re considering buying, selling, leasing, or investing in industrial real estate in Whatcom County, now is the time to start the conversation.

05/19/2026

Here are a few key takeaways from the latest office market update:

📍 Vacancy rates remain low at 2.4%
📍 Average lease rates are sitting around $28/SF
📍 Office sales volume in Bellingham reached $33.8M over the past year
📍 Demand for well-located office and mixed-use space continues throughout Whatcom County

As commercial real estate continues to evolve, we’re seeing investors and business owners stay focused on opportunities in Bellingham, Ferndale, and surrounding areas - especially properties with strong visibility, accessibility, and long-term upside.

Whether you’re looking to buy, lease, invest, or simply stay informed on the local commercial market, understanding the data is key to making smart real estate decisions.

If you have questions about the Whatcom County commercial real estate market or want to discuss opportunities in office, industrial, retail, or multifamily properties, let’s connect.

02/11/2026

New Industrial Market Snapshot 📍

Understanding vacancy, absorption, and sales activity can help you identify opportunity before the market shifts. Here’s a quick look at what’s happening in today’s industrial sector and what it could mean moving forward.

Let me know if you’d like a deeper dive into your specific property or investment goals.

01/16/2026

✨ PENDING! ✨

This modern luxury home in a prime Bellingham location is officially pending, and it’s easy to see why. Custom-built with thoughtful design throughout, this home offers soaring 15’ ceilings, expansive windows, and an open-concept layout filled with natural light.

Grateful to represent a beautiful property and excited for what’s ahead for my clients! 🏡

01/08/2026

✨ 2025: A Year of Growth, Gratitude & Momentum ✨

As the year comes to a close, I’ve been taking time to reflect on what an incredible year this has been in real estate.

This year was filled with:
🏡 Helping clients navigate big decisions with confidence
🤝 Building meaningful relationships and strengthening existing ones
📈 Learning, growing, and adapting in an ever-changing market
🙏 Celebrating wins—both big and small—with clients, colleagues, and community

I’m deeply grateful for the trust my clients placed in me, the referrals from friends and partners, and the support from everyone who helped me on along the way. Real estate is so much more than transactions—it’s about people, stories, and milestones, and I’m honored to be part of them.

As we step into a new year, I’m excited for what’s ahead and ready to continue serving with integrity, dedication, and heart.

Cheers to a new year and new opportunities! 🥂

12/10/2025

✨ Looking for the perfect home for your school, daycare, or office? This Ferndale gem has endless potential!

📚🏫 With 3 buildings totaling 5,440 SF on a 1.5-acre lot, you’ll have all the space you need — plus tons of parking and outdoor room to grow.

🚗💨 Located just off I-5, it’s super convenient for staff, students, clients… everyone!

🌟 Opportunities like this don’t come around often. If you’ve been dreaming of a spacious, well-located campus-style setting, this is your moment!

If you want more info, send me a message! 💬🏡

11/19/2025

Looking for the perfect blend of storage, workspace, and convenience? This Flexspace North unit has it all!

- 2,200 SF condo with quick I-5 access

- Two spacious bays + 657 SF loft and full bathroom with shower

- Dual overhead doors (14'x14' & 9'x8') for easy access

- Durable metal construction, high insulation, 75,000 BTU heater & fire sprinklers

- Concrete floors, natural light, utility sink, Comcast Business wiring, 100-amp service w/ 50-amp RV outlet

- 50'+ wide aisleways, secure gated entry, and individual mailing addresses

11/06/2025

📦 Whatcom County Industrial Market Update!

Bellingham’s industrial sector has seen incredible growth this year 💥 — with 46 properties sold, totaling 1.4 million sq ft and $115 million in sales volume. That’s nearly double the five-year average of $65.4 million!

Current pricing averages $131/SF, still below the national average of $160/SF — making Whatcom County an attractive spot for industrial investors and businesses alike.

11/04/2025

🏢 Whatcom County Office Market Update 🏢

The commercial real estate market continues to evolve here in Whatcom County! We’re seeing steady demand for professional office spaces—particularly those offering flexible layouts, natural light, and modern amenities. While vacancy rates have remained stable, well-located properties are still moving quickly as businesses look to upgrade or right-size their space.

Whether you’re an investor keeping an eye on local trends or a business owner exploring new options, understanding where the office market stands can help you make informed decisions.

📈 Curious about current lease rates, inventory, or upcoming opportunities? Let’s connect—I’d be happy to share the latest data and insights for your specific goals!

Address

515 W Bakerview Road
Bellingham, WA
98226

Website

http://davidrehmrealestate.com/

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