Industry News
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...
Everett Advances $120MM Downtown Stadium as City Eyes $10.6MM Design Push and $35MM in Land Buys
City staff outlined property acquisitions, lease terms and a widening funding gap at an April 15 council meeting, with a final go/no-go vote...
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...
Stockbridge Capital Brings 32,483 SQFT Denny Triangle Redevelopment Site to Market in Seattle
The 0.76-acre parcel, purchased for $11.1 million in 2011, now carries a King County assessed value of nearly $50 million and is positioned...
Vintage Stock Dominates Eastern Washington’s March Apartment Trades as $7.4MM Changes Hands
Three multifamily transactions closed across Kennewick and Spokane in March, pricing between $91,250 and $120,000 per unit and setting the stage for a...
Phillips Edison Acquires 54,000 SQFT Renton Highlands Shopping Center for $15.75MM
The Cincinnati-based grocery-anchored REIT continues its Pacific Northwest expansion with the purchase of the Safeway-adjacent retail complex, which traded at a loss for...
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...
TA Realty Acquires 128,700 SQFT Kent Warehouse for $23.3MM
Boston-based investment manager expands Puget Sound industrial footprint with purchase of long-held WCP Solutions distribution facility at $181 per square foot Boston-based real...
6,000 SQFT Lake Oswego Medical Office Building Listed for $3.55MM
The 6,093-square-foot asset on Boones Ferry Road is being marketed as an owner-user or investment play in one of the Portland metro’s tightest...
