Industrial
TA Realty Affiliate Sells 55,000 SQFT Tacoma Industrial Building for $8.3MM
Still Water LLC pays $8.3MM for a Tacoma distribution building leased to Smith-Western Co. since 1999, county records show.
Operating Seattle and Portland’s Buildings Fuels a $18.7BN Economic Engine, BOMA Study Finds
A new economic-impact study from BOMA International sizes the Pacific Northwest's building-operations economy, finding that metro Seattle and Portland together sustain more than...
Nike-Leased Millikan 73 Innovation Center in Beaverton Hits Market at $32.6MM
Newmark markets the Nike-leased Millikan 73 Innovation Center in Beaverton at $32.6MM, a mission-critical Nike Air manufacturing facility.
Davis Property & Investment Secures $12MM Refinance for Center Plaza Industrial Park in DuPont
Life-insurance lender Securian Financial backed Davis Property & Investment’s $12 million refinancing of Center Plaza in DuPont, a bet on the multi-tenant industrial...
SR 167 Expressway Opens Near Port of Tacoma, Bolstering Kent Valley Freight Corridor
Decades after it was first envisioned, Washington has opened the initial two-mile leg of the State Route 167 expressway near the Port of...
Sagard Real Estate Acquires 134,000 SQFT Industrial Building in Tukwila for $24MM
Sagard Real Estate has added another Puget Sound warehouse to a Pacific Northwest industrial buying spree that has now touched four separate submarkets...
Dermody Completes 535,000 SQFT Industrial Project in Frederickson, Formerly Pallis’ Canyon Point Center
A 535,000-square-foot speculative industrial project in Frederickson appears to have wrapped construction, though Dermody Properties has yet to formally announce the delivery of...
As Cap-Rate Compression Ends, Schnitzer Says Operators Will Win Industrial’s Next Cycle
In a wide-ranging podcast interview, longtime Oregon industrial owner Jordan Schnitzer argued that the era of cheap debt and falling cap rates that...
Arlington-Based Entity Buys 70,000 SQFT Kent Warehouse Occupied by The BoxMaker for $12.5MM
The sale closes even as Kent Valley’s industrial vacancy climbs and the Southend submarket posts more than a million square feet of negative...
North Star Glove Company Doubles Tacoma Footprint to 66,000 SQFT in One of Pierce County’s Largest Leases
A 116-year-old Tacoma glove manufacturer is betting on vertical integration over outsourcing, more than doubling its footprint in a historic South End building...
New Data Splits Washington in Two: Spokane’s Peer Group Is Boise, Not Seattle
A California investment manager has published a 21-year federal data model that treats Greater Seattle as a coastal primary market and counts Washington's...
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...
