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Puget Sound Industrial Market Deepens Its Recalibration as Vacancy Pushes Toward 10%

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Negative absorption widened and construction slowed sharply in the first quarter, handing tenants the upper hand across one of the West Coast's largest logistics hubs The Puget Sound industrial market entered 2026 still working through a glut of recently delivered space, with vacancy climbing to 9.71 percent and net absorption turning sharply negative, according to […]

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