Industry News
Portland General Electric Acquires 127,418 SQFT at Mohawk Business Park in Tualatin for $14.5MM
Oregon’s largest utility purchases a portion of the suburban office campus at roughly $114 per square foot as the Tualatin submarket posts a...
Altera Signs 30,000 SQFT Office Lease at The Park at Amberglen in Hillsboro
The newly independent FPGA manufacturer expands its Portland-area footprint in the Sunset Corridor, one of the metro’s tightest suburban office submarkets Altera, the...
Mobis Parts America Renews and Expands to 181,000 SQFT at Sumner Corporate Park-Cascade Building
Hyundai Motor Group’s parts distribution affiliate extends its Puget Sound footprint with a renewal and expansion in the Sumner industrial corridor Mobis Parts...
Pacific Pride Distribution Signs 123,000 SQFT Lease at Starlite Distribution Center in Lakewood
Fuel card network operator takes new space through a sublease arrangement at the Class A industrial facility on South Tacoma Way Pacific Pride...
HD Supply Facilities Maintenance Renews 434,000 SQFT Lease at Pacific Gateway Business Park in Kent
MRO distributor commits to the quarter’s largest lease transaction in the Puget Sound industrial market, reinforcing Kent Valley’s dominance in regional leasing activity...
Five Large-Scale Data Centers Proposed in Seattle With Combined 369 MW Demand, Forcing Utility to Rewrite Large-Load Contracts
Seattle City Light will require the facilities to source their own power and fund infrastructure upgrades, as the proposals would consume nearly 10...
Uber More Than Doubles Puget Sound Presence with 170,000 SQFT Lease at Four106 in Bellevue
Ride-hailing giant commits to one of the largest office deals in downtown Bellevue in recent years, bringing its total regional footprint to more...
Cooper Tire Renews 264,000 SQFT Lease at Prologis Park Sumner – White River Building in Kent Valley
Goodyear subsidiary’s Pacific Northwest distribution hub recommits to Sumner industrial corridor, marking Q1 2026’s third-largest lease transaction in the Puget Sound market Cooper...
Lake Washington School District Breaks Ground on Emerson Campus Rebuild in Kirkland
The voter-approved 2022 Building Excellence Capital Construction Levy funds the project, which will create a 345-student facility slated to open in Fall 2027....
Electrify America Targets Western Washington Retail Properties for Large-Format EV Charging Expansion
The Volkswagen-backed charging network has retained First Western Properties to identify high-visibility commercial sites across the Puget Sound region and beyond. Electrify America,...
Lincoln Property Company Lists 124,800 SQFT Fremont Place I & II Waterfront Office Complex in Portland
The fully vacant two-building campus on 5.1 acres along the Willamette River in the Pearl District is being offered for investment, owner-user, adaptive...
Downtown Seattle Posts 720,000 SQFT of Office Leasing in Q1 2026 as Non-Tech Tenants Drive Demand Diversification
Law firms, professional services giants, and an automaker are reshaping downtown’s tenant mix even as the submarket contends with the region’s highest vacancy...
