Industry News
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...
Redmond Office Vacancy Plunges From 20.8% to 6.4% in Q1 2026 in Sharpest Single-Quarter Drop Across Puget Sound
The dramatic 1,440-basis-point contraction reflects renewed commitment from major technology tenants along the Willows Road corridor and positions Redmond as one of the...
General Motors Signs 43,000 SQFT Lease at Kilroy Realty’s West 8th Tower in Seattle’s Denny Regrade
The automaker’s new lease adds to 74,000 square feet of recent commitments at the renovated office tower, joining law firm Foster Garvey in...
Dell EMC Reverses Course With 46,000 SQFT Renewal at King Street Crossing in Downtown Seattle
The technology company’s renewal follows its decision to shed 43,000 square feet in 2024, signaling renewed confidence in maintaining a Seattle presence amid...
PwC Renews 47,000 SQFT Office Lease at US Bank Center in Downtown Seattle
The professional services giant’s renewal at one of Seattle’s premier Class A towers adds stability to a downtown submarket still contending with 35.1...
