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Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market

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A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the brakes on new construction, leaving the region to absorb millions of square feet of fresh supply while its building pipeline shrinks to a fraction of its recent size. The Seattle/Puget Sound industrial […]

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