Leasing
Alexandria’s 701 Dexter Crosses Toward Stabilization As Seattle Lab Demand Reawakens
Lake Union flagship anchors Alexandria’s bet on the region’s institutional research base while peripheral inventory languishes. Seattle’s life science real estate market is...
Kilroy’s Seattle Portfolio Holds Steady at 79.3% Occupancy as REIT Posts Best Q1 Leasing Since 2017
Puget Sound holdings outperform the broader Seattle office market as Eastside and AI-driven leasing activity reshapes the region; Kilroy lifts 2026 FFO guidance...
Puget Sound Industrial Vacancy Climbs to 9.71% as Market Enters Period of Controlled Digestion
Cap rates rise, sales volumes contract, and tenants secure flexible deal structures as 7.39MM SQFT of new supply works through the system. The...
Pacific Forest Products Lands 85,000 SQFT Lease at Fortress-Owned 2005 Fryar Avenue in Sumner
The South Valley deal lands as Pierce County industrial vacancy climbs to 12.2 percent and landlords compete harder for occupancy. A wholesale forest...
Silfab Solar Anchors Washington Operations With 200,000 SQFT Lease at 1770 Port Drive in Burlington
North America’s largest private PV module manufacturer cements its Washington footprint as the I-5 Corridor industrial market works through a wave of new...
Seattle Coworking Footprint Climbs to 3.41MM SQFT, Holds 13th Spot Nationally
The Emerald City added six new flexible workspace locations in Q1 2026, lifting average space size above the national benchmark as meeting room...
In-N-Out Opens Second Washington Restaurant in Vancouver, Targeting Portland Metro Demand
The Snyder family’s privately held burger chain plants its flag in Clark County eight months after debuting in Ridgefield, signaling a deliberate fill-in...
Hudson Pacific’s Seattle Portfolio Bets on Quality as Puget Sound Logs First Positive Absorption in Three Years
The REIT owns nine Seattle buildings anchored by a 667,724-SQFT Amazon lease, but half the Pioneer Square portfolio sits below 40 percent occupied...
AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds
A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...
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....
