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Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%

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The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle's recovery timeline further out than the national average. Seattle's industrial market entered 2026 as one of the weakest in the Prologis portfolio, singled out by the world's largest logistics landlord on April 16 as one of only two U.S. metros […]

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