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FeaturedIndustrialIndustry NewsLeasing

New Supply, Not Lost Tenants, Drove Puget Sound Industrial Vacancy to 12% as Pipeline Shrinks 74%

The Puget Sound's industrial vacancy rate nearly tripled from 4.3 percent to 12.0 percent over roughly four years, but CBRE's latest numbers show...

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FeaturedIndustrialIndustry NewsLeasing

Prologis Runs Seattle Portfolio at 97.7% Occupancy as Puget Sound Industrial Vacancy Climbs to 12%

Prologis declared that excess warehouse capacity has largely cleared nationwide, but its third-quarter results arrive as Puget Sound vacancy keeps climbing and a...

Industrial property with red trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

Space and Defense Tenants Absorb 697,000 SQFT as South Sound Industrial Vacancy Holds at 9.8%

Lee & Associates' September 2026 South Sound industrial report shows vacancy holding at 9.8 percent and rents edging higher as aerospace and defense...

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FeaturedIndustrialIndustry NewsLeasing

Aerospace and Defense Tenants Take 788,000 SQFT as Space Economy Fills Puget Sound Industrial Space

Shield AI, Cowboy Space and an unnamed aerospace company together committed to roughly 788,000 square feet of Puget Sound industrial space in the...

arum-visuals-t800tFf-tZA-unsplash-warehouse industrial (1)
IndustrialIndustry NewsLeasing

Undisclosed Tenant Takes 55,000 SQFT on Kent’s 87th Avenue South as Mid-Size Industrial Space Outperforms Big Boxes

An undisclosed tenant has leased 55,200 square feet at 19820-20024 87th Ave. S. in Kent, a mid-size Kent Valley commitment in a size...

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AECIndustrialIndustry NewsLeasing

Cowboy Space Leases 291,000 SQFT CenterPoint Facility in Kent for Rocket Manufacturing Hub

A Robinhood co-founder's space startup has claimed the largest industrial lease signed in the Puget Sound region so far this year, converting a...

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