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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...

Rocket launching graphic
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...

warehouse facade
IndustrialIndustry NewsLeasing

Panattoni, Principal Fully Lease 406,000 SQFT Des Moines Creek Business Park West to Shield AI

A single tenant has leased all 405,680 square feet of Des Moines Creek Business Park West near Sea-Tac Airport. The deal continues the...

Office building
CommercialFinanceIndustry News

282,000 SQFT FAA Regional Headquarters Near Sea-Tac Hits Market With 11 Years of Firm Federal Lease Term

The 2018 build-to-suit near Sea-Tac comes with a GSA lease that has no termination rights or appropriations clauses, the kind of federal tenancy...

View of lake Sammamish and Issaquah from Poo Poo Point
FinanceIndustry NewsResidential

Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM

Principal bought one of the Eastside’s rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no...

industrial site
FinanceIndustrialIndustry News

Realty Income Buys 501,000 SQFT Fife Warehouse From Clarion Partners for $108MM

Clarion Partners has sold its fully leased Pacific Coast Corporate Park distribution building in Fife to Realty Income for about $215 per square...

Home under construction
AECFeaturedIndustry NewsResidential

Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units

Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...

Warehouse with trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy

Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...

warehouse facade
AECIndustrialIndustry NewsLeasing

Panattoni’s 406,000 SQFT Des Moines Creek Spec Building Nears Sept. 1 Delivery

Panattoni Development Company is bringing a roughly 406,000-square-foot speculative warehouse to market next to Sea-Tac Airport just as the region's broader industrial construction...

Industrial property with red trucks
AECFeaturedIndustrialIndustry NewsLeasing

South Sound Industrial Pipeline Swells to 5.8MM SQFT at Midyear as Big-Box Projects Push South into Lewis County

Lee & Associates' midyear 2026 report shows nearly 5.83 million square feet of industrial space under construction across the South Sound, with capital...

Seatac airport
AECFeaturedIndustry News

Port of Seattle Unveils 31-Project Blueprint to Expand SEA for 56 Million Passengers by 2032

The Port's Draft Environmental Impact Statement opens public comment on a sweeping near-term expansion anchored by a second terminal and 19 new gates....

Apartment building facade
FinanceIndustry NewsResidential

64-Unit Silverwood Park in Des Moines Trades for $10MM, Headed for Affordable Housing

A transit-adjacent apartment community near the Kent Des Moines light rail station has changed hands in a deal structured to preserve it as...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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