Industrial
Ares Management Pays $55MM for Fully Leased 248,000 SQFT Tacoma Central Logistics
A newspaper’s old printing plant has completed its transformation into a modern logistics hub, trading hands for more than three-and-a-half times what the...
Breakthrough Properties Acquires Stalled Seagen Biologics Plant in Everett for $78MM
A biomanufacturing facility that Pfizer abandoned two years into a $500 million build-out has changed hands for a fraction of that investment, landing...
Steel Peak Pays $9MM for 23,500 SQFT Kent IOS Property in Fourth Seattle-Area Deal This Year
A two-year-old investment platform is quietly building density in one of the tightest corners of the Puget Sound industrial market, betting that scarce,...
Cle Elum Halts New Data Centers, but Blue Fern’s $200MM Bullfrog Flats Project May Proceed Under 2002 Pact
Cle Elum's City Council unanimously enacted an emergency six-month moratorium on data centers, yet the $200 million Blue Fern Development project that triggered...
Ashley Furniture Pays $33.9MM for 202,000 SQFT Tacoma Warehouse
Ashley Furniture’s $33.9 million purchase of a two-year-old Kurv Industrial building pulls a rare block of Class A space off Pierce County’s market...
291,600 SQFT Bridgestone-Leased Cross-Dock Facility Hits Market Near PDX Airport
A 291,600-square-foot cross-dock facility fully leased to Bridgestone has hit the market near Portland International Airport.
Port of Seattle Advances $131MM Terminal 91 Uplands Project, Adding 400,000 SQFT of Maritime Industrial Space in Seattle
The Port of Seattle is pushing its long-planned Terminal 91 Uplands redevelopment into design and demolition, wagering $131 million that new light-industrial space...
Realty Income Affiliate Buys 30,000 SQFT Tesla Collision Site in Tacoma for $18.4MM
Realty Income's institutional net-lease fund paid $18.4 million for the purpose-built Tesla collision facility, more than doubling what Drake Real Estate Services spent...
Oregon Importers Paid $2.89B in Tariffs as Exports Fell 17%, State Report Finds
A new analysis commissioned by Gov. Tina Kotek found that Oregon absorbed $2.89 billion in tariff costs over 10 months of 2025 and...
80 Acres Farms Shutters 137,000 SQFT Marysville Vertical Farm Landlord Had Been Marketing Since March
The abrupt shutdown of 80 Acres Farms leaves a Bellevue landlord holding a $30.6 million single-tenant industrial building in the Cascade Industrial Center...
Washington County, Tualatin Float SIP Tax Break to Anchor Lam Research’s $1.7B TuX Expansion
Washington County and the City of Tualatin have proposed a Strategic Investment Program tax abatement designed to lock in as much as $1.7...
Daimler Truck to End Portland Manufacturing on Swan Island, Cutting 375 Jobs Weeks After Opening $40MM Engineering Hub
Daimler Truck North America will halt Freightliner and Western Star assembly on Portland's Swan Island this fall, cutting 375 jobs and shifting production...
