Industrial
Puget Sound Industrial Vacancy Climbs to 9.71% as Market Enters Period of Controlled Digestion
Cap rates rise, sales volumes contract, and tenants secure flexible deal structures as 7.39MM SQFT of new supply works through the system. The...
Pacific Northwest Industrial Pipeline Contracts to 4.79MM SQFT as Developers Pull Back
Construction starts have slowed sharply across the I-5 Corridor, but a heavy slate of Q2 and Q3 2026 deliveries will keep pressure on...
Pacific Forest Products Lands 85,000 SQFT Lease at Fortress-Owned 2005 Fryar Avenue in Sumner
The South Valley deal lands as Pierce County industrial vacancy climbs to 12.2 percent and landlords compete harder for occupancy. A wholesale forest...
Silfab Solar Anchors Washington Operations With 200,000 SQFT Lease at 1770 Port Drive in Burlington
North America’s largest private PV module manufacturer cements its Washington footprint as the I-5 Corridor industrial market works through a wave of new...
Amazon Spends $220MM on Ashley Furniture’s 1.1MM SQFT Distribution Complex and Parcels in Spanaway
The e-commerce giant’s purchase of the purpose-built logistics campus ranks among Pierce County’s largest commercial real estate transactions and signals renewed appetite for...
Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water
The world’s largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound...
Panattoni Development Secures 105,000 SQFT Lease in Vancouver’s Orchards Submarket
The lease adds to a strong quarter of activity for Clark County, which recorded more than 735,000 square feet of total leasing An...
Harder Mechanical Signs 118,700 SQFT Lease in Portland’s Guilds Lake Industrial District
The mechanical contractor takes the full building at a property recently renovated by Melvin Mark Investors and Capstone Partners Harder Mechanical Contractors has...
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....
UPS Leases 164,600 SQFT at Dermody Properties’ Rivergate Logistics Center in North Portland
The package delivery giant expands its Portland footprint in the 528,000-SQFT Class A distribution facility UPS has signed a 164,626-square-foot lease at Rivergate...
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...
Ares Management Sells 91,400 SQFT Renton Warehouse to WareSpace for $19MM
The Kent Valley asset traded at roughly $208 per square foot as Puget Sound industrial vacancy climbed to 9.3 percent in the first...
