Industry News
IRG Tilts Up Walls on 612,000 SQFT Fortune 25 Build-to-Suit at Auburn 18 Business Park
Industrial Realty Group has erected the walls on a 612,000-square-foot build-to-suit for a Fortune 25 tenant at its Auburn 18 Business Park, a...
Oregon Land Board Revives Resident Appeal Threatening Shorenstein’s 12.87-Acre Kruse Way Office-to-Housing Rezone in Lake Oswego
A single Lake Oswego resident's mail-routing dispute has kept alive a challenge to Shorenstein Properties' plan to convert three Kruse Way office buildings...
Carlyle Group Doubles Down on 320,000 SQFT Duwamish Data Center, Testing Seattle’s Fresh Moratorium
The Carlyle Group has nearly doubled the scale of its proposed data center at 3625 First Ave. S. in Seattle's Duwamish industrial corridor,...
CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates
A one-month improvement in April proved fleeting as CRED iQ's combined CMBS distress rate snapped back to 11.86 percent in May 2026, with...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Lincoln Property Company Buys 274,690 SQFT Canyon Road Commerce Center in Puyallup for $37.2MM
Lincoln Property Company, one of the country's largest diversified real estate firms, has acquired a newly built 274,690-square-foot Class A industrial park in...
Georgetown Brewing Company Acquires 36,544-SQFT Warehouse in Seattle for $10.2MM
Georgetown Brewing's affiliate Rain Song Holdings paid a 70 percent premium over the regional industrial sales average to land a 36,544-square-foot warehouse steps...
Washington State Investment Board Stakes $400MM on KKR’s Record-Bound Asia Buyout Fund
Washington State's public pension fund is backing KKR's fifth Asia buyout vehicle with a commitment of up to $400 million, extending a 43-year...
Planet Fitness Franchisee Easy Mile Fitness Commits $30MM to Oregon Expansion with Six New Locations
Easy Mile Fitness, a Boston-based Planet Fitness franchisee that has assembled one of the fastest-growing fitness portfolios in the Pacific Northwest, will invest...
Skagit County Commissioners Adopt Preemptive Six-Month Moratorium on Rural Data Centers
Skagit County's commissioners voted to pause rural data center development for six months, betting that affordable farmland prices and abundant power access could...
Navy’s $30B Multi-Mission Dry Dock Contract Sets Up Generational Building Boom at Bremerton’s Puget Sound Naval Shipyard
The U.S. Navy is preparing to award up to five construction contracts worth a combined $30 billion to rebuild and modernize the carrier-servicing...
Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery
Hubble's new ranking of the most AI-ready U.S. metros names Seattle the country's third-strongest AI hub and the highest-scoring market outside the Bay...
