CBRE
Portland Office Market Swings Back to Positive Demand in Q2
Portland’s office market posted its first quarter of positive net absorption in more than a year as leasing activity climbed to a 12-month...
Comcast Renews 87,000 SQFT in Tigard, Portland’s Biggest Office Lease of Q2 2026
The telecom giant’s decision to recommit to its longtime Nimbus-area footprint stands as the single largest office transaction in the metro during the...
Verizon Sheds 274 Company Stores to Franchisees, Reshaping Its Wireless Retail Footprint
Verizon’s decision to hand 274 company-owned stores to franchise operators marks the second wave of a retail restructuring that is redrawing who controls...
Dairy Queen Hunts Drive-Thru Pads in Arlington and Snohomish as Grill & Chill Push Reaches North Puget Sound
Dairy Queen has retained First Western Properties to scout drive-thru development pads and existing sites in Arlington and Snohomish, Washington, extending the chain’s...
Former FOX 13 Studio and Candy Factory at 1813 Westlake Ave N on Market for Redevelopment
CBRE positions the soon-to-be-vacant broadcast studio as a redevelopment play in a South Lake Union corridor where AI tenants are absorbing space even...
Mercer Distribution Services Renews 100,000 SQFT in Fife, Where Sublease Space Has Hit 6% and Keeps Climbing
Mercer Distribution Services, operator of what it bills as the Pacific Northwest’s largest Class 3 customs bonded warehouse and a centralized exam station...
Hermanson Company Lands 106,000 SQFT New Lease in Kent, One of Only Two New Deals Among the Quarter’s Biggest
Hermanson Company, the Kent-based mechanical contractor that has built HVAC, piping and plumbing systems across the Pacific Northwest since 1979, has signed a...
Krafter’s Land Cabinetry Signs 101,000 SQFT New Lease on Renton’s Lind Avenue as the District Bucks the Kent Valley Slide
Krafter’s Land Cabinetry, the fast-growing Puget Sound cabinet and surfaces supplier that has opened showrooms in Tukwila, Lynnwood and Tacoma since incorporating in...
Future Foam Renews 105,000 SQFT in Kent, Anchoring a Manufacturing Segment With 2.4% Vacancy
Future Foam, the family-owned polyurethane manufacturer that has been pouring foam since 1958 and entered the Kent market through a 2020 acquisition, has...
Serta Simmons Renews 273,000 SQFT Puyallup Plant, the Largest Puget Sound Industrial Lease of Q2
Serta Simmons Bedding has renewed 273,000 square feet at its Puyallup mattress plant, the largest industrial lease transaction recorded anywhere in the Puget...
Tiger Mountain Services Renews 125,000 SQFT in Kent, Keeping Washington’s First Bonded Wine Warehouse in the Valley
Tiger Mountain Services, the Kent operator that opened Washington’s first bonded wine warehouse and now serves more than 500 wineries, has renewed 125,000...
American Tire Distributors Renews 126,000 SQFT in Kent Valley, Its First Big Northwest Bet Since Exiting Bankruptcy
American Tire Distributors has renewed 126,000 square feet at 521 8th Street SW in the Kent Valley, the second-largest industrial lease in the...
