Leasing
Portland Office Vacancy Posts Largest Drop Since 2022 as Class A Absorbs 271,000 SQFT and Older Buildings Lose Ground
Class A towers delivered Portland's largest quarterly vacancy drop since 2022, while Class B and C buildings kept losing tenants and downtown direct...
Carroll Tire Renews 133,000 SQFT at LaSalle’s Seattle Gateway II in Burien
Tire distributor Carroll Tire Company has decided to stay put at a 2018-built logistics building on the northern edge of Seattle-Tacoma International Airport,...
Prologis Runs Seattle Portfolio at 97.7% Occupancy as Puget Sound Industrial Vacancy Climbs to 12%
Prologis declared that excess warehouse capacity has largely cleared nationwide, but its third-quarter results arrive as Puget Sound vacancy keeps climbing and a...
DSV Builds 750,000 SQFT Semiconductor Logistics Hub in Hillsboro, the Portland Market’s Tightest Submarket
DSV's 750,000-square-foot owner-occupied hub in Hillsboro is the only one of the Portland market's five largest industrial projects that does not need to...
Panattoni Readies 583,000 SQFT Mt. Vista Logistics in Vancouver as Orchards Availability Sits at 19.5%
Panattoni is finishing one of the largest speculative warehouses in Clark County just as the Washington side of the river becomes the Portland...
PCC Structurals and Arnprior Aerospace Take 238,000 SQFT in Portland as Manufacturing Jobs Fall 4%
Three aerospace leases totaling 238,358 square feet made up more than 15 percent of Portland's third-quarter industrial leasing, even as the metro's manufacturing...
Canby’s 348,000 SQFT Baker Center Is the OLCC’s Spirits Warehouse, Built on $40.8MM Land Bought From Trammell Crow
Kidder Mathews lists Baker Center, a 347,645-square-foot project in Canby, as a Trammell Crow development, but public records show Trammell Crow sold the...
AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%
Kidder Mathews' third-quarter 2026 report shows the Puget Sound office market logging 113,000 square feet of positive net absorption on the strength of...
K&L Gates Renews 99,000 SQFT at Seattle’s Fourth & Madison as Downtown Renewals Quadruple
K&L Gates, the firm behind Seattle's oldest law office, renewed 98,544 square feet at the 40-story Fourth & Madison tower in the third...
Amazon Leases 91,000 SQFT Everett Commerce Center Building
Amazon has returned to an Everett warehouse it left two years ago. Permit filings suggest the space will serve the company's satellite internet...
CenterPoint Leases 4.16-Acre Rail-Served Port of Tacoma Yard on Marc Avenue as SR 167 Opens Nearby
CenterPoint Properties has leased its 4.16-acre, rail-served outdoor storage yard at 2021 Marc Ave. in the Port of Tacoma, filling a repositioned site...
Space and Defense Tenants Absorb 697,000 SQFT as South Sound Industrial Vacancy Holds at 9.8%
Lee & Associates' September 2026 South Sound industrial report shows vacancy holding at 9.8 percent and rents edging higher as aerospace and defense...
