Amazon Clears 3.3MM SQFT From South Sound as Vacancy Climbs Toward 10%

One tenant is propping up first-half absorption while the rest of the Puget Sound industrial market waits out a costly, oversupplied cycle. Amazon is single-handedly holding up the South Sound industrial market. The e-commerce giant has taken 3.3 million square feet off the market through leases and purchases so far in 2026, according to Lee […]