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Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%
The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle’s recovery timeline further out than the national average....
Everett Advances $120MM Downtown Stadium as City Eyes $10.6MM Design Push and $35MM in Land Buys
City staff outlined property acquisitions, lease terms and a widening funding gap at an April 15 council meeting, with a final go/no-go vote...
Cooling Labor Market Reshapes Apartment Demand While Other CRE Sectors Hold Firm
Slowing job creation and falling workforce participation among young adults are postponing rental demand, but office, retail, and industrial properties show resilience to...
Vintage Stock Dominates Eastern Washington’s March Apartment Trades as $7.4MM Changes Hands
Three multifamily transactions closed across Kennewick and Spokane in March, pricing between $91,250 and $120,000 per unit and setting the stage for a...
U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market
Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...
Portland Multifamily Vacancy Falls to 8.4% as Sales Activity Signals Pricing Reset
Q1 2026 data shows modest stabilization in fundamentals while major transactions highlight investor selectivity and shifting valuations A gradual recalibration is taking shape...
Portland Retail Vacancy Hits 4.8% as Rents Rise and Leasing Activity Persists in Q1 2026
New data from Kidder Mathews shows rising rents and steady leasing demand even as vacancy edges higher and absorption turns negative Retail conditions...
Portland Industrial Market Hits 6.5% Vacancy, Posts -872,000 SQFT Absorption in Q1 2026
Leasing activity remains steady at 2.5 million SQFT, but rising availability and continued supply deliveries keep pressure on rents and occupancy The Portland...
Portland Office Market Stabilizes at 15.2% Vacancy With 217,000 SQFT Absorption in Q1 2026
Leasing slows but investment activity rises more than 70% year-over-year as tenants begin to re-engage in smaller, high-quality spaces Portland’s office market entered...
Five Large-Scale Data Centers Proposed in Seattle With Combined 369 MW Demand, Forcing Utility to Rewrite Large-Load Contracts
Seattle City Light will require the facilities to source their own power and fund infrastructure upgrades, as the proposals would consume nearly 10...
Downtown Seattle Posts 720,000 SQFT of Office Leasing in Q1 2026 as Non-Tech Tenants Drive Demand Diversification
Law firms, professional services giants, and an automaker are reshaping downtown’s tenant mix even as the submarket contends with the region’s highest vacancy...
Redmond Office Vacancy Plunges From 20.8% to 6.4% in Q1 2026 in Sharpest Single-Quarter Drop Across Puget Sound
The dramatic 1,440-basis-point contraction reflects renewed commitment from major technology tenants along the Willows Road corridor and positions Redmond as one of the...
