Industrial

902 Articles

Plymouth Poultry Signs 72,000 SQFT Cold Storage Lease at Former Dreyer’s Plant in Kent

A scarce owner-operated freezer facility draws multiple bidders even as the surrounding Kent Valley industrial market sits at record-high vacancy, highlighting a growing...

$16.5MM Loan Secured for $30MM Purchase of 155,000 SQFT Meadowlark Industrial Center in Cornelius, Ore.

A private investor has locked in long-term, fixed-rate debt on one of the priciest industrial trades in Oregon history, betting that a single-tenant...

Hermanson Company Lands 106,000 SQFT New Lease in Kent, One of Only Two New Deals Among the Quarter’s Biggest

Hermanson Company, the Kent-based mechanical contractor that has built HVAC, piping and plumbing systems across the Pacific Northwest since 1979, has signed a...

Mercer Distribution Services Renews 100,000 SQFT in Fife, Where Sublease Space Has Hit 6% and Keeps Climbing

Mercer Distribution Services, operator of what it bills as the Pacific Northwest's largest Class 3 customs bonded warehouse and a centralized exam station...

Krafter’s Land Cabinetry Signs 101,000 SQFT New Lease on Renton’s Lind Avenue as the District Bucks the Kent Valley Slide

Krafter's Land Cabinetry, the fast-growing Puget Sound cabinet and surfaces supplier that has opened showrooms in Tukwila, Lynnwood and Tacoma since incorporating in...

Future Foam Renews 105,000 SQFT in Kent, Anchoring a Manufacturing Segment With 2.4% Vacancy

Future Foam, the family-owned polyurethane manufacturer that has been pouring foam since 1958 and entered the Kent market through a 2020 acquisition, has...

Serta Simmons Renews 273,000 SQFT Puyallup Plant, the Largest Puget Sound Industrial Lease of Q2

Serta Simmons Bedding has renewed 273,000 square feet at its Puyallup mattress plant, the largest industrial lease transaction recorded anywhere in the Puget...

Tiger Mountain Services Renews 125,000 SQFT in Kent, Keeping Washington’s First Bonded Wine Warehouse in the Valley

Tiger Mountain Services, the Kent operator that opened Washington's first bonded wine warehouse and now serves more than 500 wineries, has renewed 125,000...

American Tire Distributors Renews 126,000 SQFT in Kent Valley, Its First Big Northwest Bet Since Exiting Bankruptcy

American Tire Distributors has renewed 126,000 square feet at 521 8th Street SW in the Kent Valley, the second-largest industrial lease in the...

Verrus Proposes Oakline Data Center Campus in Salem’s Mill Creek Corporate Center

Verrus is pitching a three-building data center campus for a Heritage Oak-studded corner of Salem's Mill Creek Corporate Center, betting that a battery-backed,...

The Truck Yard Grows Up: How Industrial Outdoor Storage Became Institutional Real Estate’s Hottest Bet

A decade after a favor for a friend in the crane business pulled Alterra Property Group into the fragmented world of truck yards...

BKM Capital Partners Acquires Multi-Tenant Industrial Portfolio in Kent and Tukwila for $85.7MM

Newport Beach-based BKM Capital Partners deepens its decade-long bet on South King County's industrial corridor, snapping up multiple buildings and vacant land from...