Industrial
Puget Sound Industrial Vacancy Climbs Across All Submarkets, But Deal Flow Signals Tenants Have Stopped Waiting
Vacancy rates rose across South Seattle, Greater King County and Pierce County in the latest 60-day reading of the Puget Sound industrial market,...
Tacoma Lands $7.6MM Federal BUILD Grant to Advance $263MM Fishing Wars Memorial Bridge Replacement
The City of Tacoma has secured a $7.6 million federal BUILD grant to fund environmental analysis and final design of a new Fishing...
IRG Completes Multi-Million-Dollar Overhaul of 528,000 SQFT Former NORPAC Plant in Stayton, Ore.
Industrial Realty Group has finished a top-to-bottom redevelopment of the shuttered NORPAC food-processing plant in Stayton, Oregon, converting more than 528,000 square feet...
Edmonds-Based Investor Buys 66,017 SQFT Warehouse in Monroe for $15.7MM
An Edmonds-based private investment entity has paid $15.7 million for a 66,017-square-foot industrial warehouse in Monroe, acquiring a 2001-vintage Snohomish County building occupied...
48,000 SQFT Pac Companies Building in Redmond Trades for $19MM
In a Puget Sound industrial market recording negative absorption and softening rents, a Kirkland buyer paid $396 per square foot for a 48,000-square-foot...
SecureSpace Opens 72,625 SQFT, 822-Unit Seattle Skyway Self-Storage Facility in Seattle
SecureSpace Self Storage has opened a four-story, climate-controlled facility at 5890 South 129th Street, its third store in Seattle's south end and the...
EQT Exeter Pays $28.8MM for 110,400 SQFT Everett Manufacturing Building
Buying occupied Everett manufacturing assets from what appears to be the same Miami-based seller family in the same month, EQT Exeter has added...
Bridgepoint’s $1.39B Kayne Anderson Real Estate Buyout Hands a London Owner One of the West Coast’s Busiest Light-Industrial Buyers
A London-listed private markets firm has agreed to buy Kayne Anderson Real Estate for roughly $1.39 billion, putting a UK owner atop a...
Scannell Properties Pays $6.5MM for Hillsboro Site, Launches 126,000 SQFT Spec Industrial Warehouse
With Intel's foundry business staging a dramatic comeback and DSV already breaking ground down the street, Scannell Properties is betting that Hillsboro's semiconductor...
EQT Exeter Acquires 150,154 SQFT Everett Manufacturing Property for $37.7MM
With the acquisition of a tenant-occupied Everett manufacturing building, EQT Exeter has extended its Puget Sound industrial buying streak into Snohomish County —...
Westcore Properties Sells Multiple Industrial Assets Totaling 138,300 SQFT in Kent’s West Valley Corridor for $20.7MM
A Newport Beach investment entity paid $20.7 million for a 72,000-square-foot multi-tenant warehouse complex along Kent's West Valley Highway, acquiring multiple industrial assets...
AI Data Center Market on Track to Hit $810.6B by 2033 as Enterprises Pour Capital Into Computing Infrastructure
A new Grand View Research study forecasts the global AI data center market will more than quintuple to $810.6 billion by 2033, with...
