Greater Puget Sound Industrial Market Logs Negative 1.7MM-SQFT Absorption as Vacancy Settles Near 10 Percent

The Greater Puget Sound industrial market spent the past 12 months hunting for equilibrium, recording negative 1.7 million square feet of net absorption and roughly $483 million in sales as vacancy stabilized near 10 percent and tenants stretched out their decision timelines. The region's industrial sector closed a 12-month stretch defined less by momentum than […]