Industrial
XTRA Lease Acquires 9.14-Acre Undeveloped Puyallup Site for $9.9MM
The purchase lands in a Pierce County industrial market carrying the Puget Sound region's highest vacancy rate at 12.7 percent, even as the...
Sagard Real Estate Acquires 134,000 SQFT Industrial Building in Tukwila for $24MM
Sagard Real Estate has added another Puget Sound warehouse to a Pacific Northwest industrial buying spree that has now touched four separate submarkets...
Dermody Completes 535,000 SQFT Industrial Project in Frederickson, Formerly Pallis’ Canyon Point Center
A 535,000-square-foot speculative industrial project in Frederickson appears to have wrapped construction, though Dermody Properties has yet to formally announce the delivery of...
As Cap-Rate Compression Ends, Schnitzer Says Operators Will Win Industrial’s Next Cycle
In a wide-ranging podcast interview, longtime Oregon industrial owner Jordan Schnitzer argued that the era of cheap debt and falling cap rates that...
Arlington-Based Entity Buys 70,000 SQFT Kent Warehouse Occupied by The BoxMaker for $12.5MM
The sale closes even as Kent Valley's industrial vacancy climbs and the Southend submarket posts more than a million square feet of negative...
North Star Glove Company Doubles Tacoma Footprint to 66,000 SQFT in One of Pierce County’s Largest Leases
A 116-year-old Tacoma glove manufacturer is betting on vertical integration over outsourcing, more than doubling its footprint in a historic South End building...
Cowboy Space Leases 291,000 SQFT CenterPoint Facility in Kent for Rocket Manufacturing Hub
A Robinhood co-founder's space startup has claimed the largest industrial lease signed in the Puget Sound region so far this year, converting a...
Oregon Lands on Battery Storage’s Map as Washington Towns Move to Block Grid-Scale Sites
Benchmark Mineral Intelligence named Oregon among the states driving pipeline growth in the largest battery storage quarter the country has ever recorded, even...
Beverly Hills Investor Buys DEMGY Pacific’s Tacoma Plant for $9.2MM
Pierce County's tightest industrial vacancy backdrop hasn't stopped a Beverly Hills investor from paying $9.2 million for the Tacoma facility that houses DEMGY...
South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy
Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...
Mortenson Advances 300,000 SQFT Kent Manufacturing Campus Backed by 20-Megawatt Power Capacity
A 9.3-acre infill site in the Kent Valley is drawing sustained interest from aerospace and defense manufacturers even as the broader Puget Sound...
Two-Building, 28,000 SQFT Willows Northwest Portfolio Trades for $10.9MM in Redmond
A pair of 1984-built office and warehouse buildings on adjacent Redmond parcels traded for $10.9 million, or roughly $391 per square foot, more...
