Industrial
Eastside and Northend Industrial Absorption Swings 780,000 SQFT to Positive as Vacancy Falls to 7.5%
While the rest of the Puget Sound industrial market loses tenants, the Eastside and Northend posted one of their strongest years in recent...
Undisclosed Tenant Leases 86,000 SQFT from Ares Management on SW Cimino Street in Tualatin
An unnamed occupier took 86,481 square feet at 12220-12370 SW Cimino St in July, the third-largest Portland industrial lease of the quarter and...
New Supply, Not Lost Tenants, Drove Puget Sound Industrial Vacancy to 12% as Pipeline Shrinks 74%
The Puget Sound's industrial vacancy rate nearly tripled from 4.3 percent to 12.0 percent over roughly four years, but CBRE's latest numbers show...
Three Puget Sound Industrial Districts Top 25% Vacancy as Spec Warehouses Sit Empty
CBRE's third-quarter 2026 district data shows Tacoma West, Federal Way and North Snohomish County each carrying industrial vacancy more than double the regional...
Clark County Absorbs 648,000 SQFT as Portland’s Industrial Market Sheds 1.5MM SQFT
Larger occupiers and owner-users are pulling industrial demand north across the Columbia River, making Clark County the clear leader in Portland-area absorption in...
Blue Origin Leases Full 266,000 SQFT Prologis Park SeaTac 3 in Des Moines, Filling Prologis’ Des Moines Creek Portfolio
The deal removes about 266,000 square feet of large-format space from the market as speculative construction slows and leasing in the region rises...
Snohomish-Based Buyers Pay $14.7MM for 49,000 SQFT Zipfizz Warehouse in Woodinville
Snohomish-based buyers pay $14.7MM for the 48,776 SF Zipfizz warehouse on 3.5 acres at 19211 144th Ave. NE in Woodinville.
Scannell Properties Plans 185,000 SQFT Spec Industrial Building in Auburn, Targeting 2028 Completion
Indianapolis-based Scannell Properties has started site work on a 185,000-square-foot speculative single-story warehouse at 6220 S. 287th St. in Auburn, the former Emerald...
Lincoln Property, DRA Advisors Buy 299,000 SQFT Portland Industrial Portfolio for $45.25MM
The five-building portfolio, marketed by JLL as fully leased Class B distribution space with a 3.8-year weighted average lease term, changed hands as...
Puget Sound Cap Rates Hold Near 5.5% as 10-Year Treasury Tests 5%
With the 10-year Treasury yield sitting around 5 percent and the Federal Reserve back in tightening mode, Puget Sound apartment and industrial cap...
Javelin Logistics Leases 98,000 SQFT at Phelan’s 138 Logistics Center in Portland’s East Columbia Corridor
Javelin Logistics' 98,280-square-foot commitment at a 2023-built Phelan Development and Clarion Partners warehouse was the largest industrial lease Kidder Mathews tracked in Portland...
21-Acre Former Greenhouse Site on I-5 in Mount Vernon Hits Market for $8MM
The Skagit I-5 site comes with 10 acres of heated greenhouses, a shipping dock and city sewer service, and its zoning allows retail,...
