Industrial
Blue Ocean Globe Leases 58,000 SQFT in Tualatin as I-5 Corridor Absorbs Portland’s Deepest Industrial Losses
Blue Ocean Globe’s 57,757-square-foot commitment at 11950 SW Leveton Dr ranked as the fifth-largest industrial lease signed in the Portland market during the...
Rivian Leases 60,000 SQFT in Beaverton, Portland’s Fourth-Largest Industrial Deal of Q2
Rivian’s 60,000-square-foot lease at 5051 SW Western Ave. extends the electric-vehicle maker’s Pacific Northwest service and logistics network south from Puget Sound into...
Unico Properties Puts 181,000 SQFT West Canal Yards Waterfront Campus in Seattle Up for Sale
Seven years after acquiring a weathered industrial parcel on the south bank of the Lake Washington Ship Canal, Unico Properties has hired CBRE...
Piping Rock Health Products Leases 91,000 SQFT from Summit Properties in Portland’s East Columbia Corridor
A New York vitamins and supplements company has taken 90,894 square feet at 19018 NE Portal Way in the East Columbia Corridor, the...
Clark County Absorbs 346,000 SQFT While Portland Sheds 868,000 SQFT, Splitting the Industrial Market in Two
Clark County absorbed 345,587 square feet in 2Q 2026 while metro Portland gave back 867,770, splitting the region's industrial market in two.
Metropolitan Hardwoods Renews 107,000 SQFT in Kent as the Valley Absorbs the Market’s Steepest Occupancy Losses
Metropolitan Hardwoods has renewed 107,000 square feet at its longtime Kent Valley home, keeping the building-products distributor anchored in a submarket that shed...
Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue
King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...
Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction
Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...
Odom Corporation Pre-Leases 250,000 SQFT at Tarragon’s SeaPORT Logistics Center in Sumner, Consolidating Two Northwest Facilities
The Odom Corporation, the Bellevue-based beverage distributor, has pre-leased 250,000 square feet at Tarragon’s SeaPORT Logistics Center in Sumner, anchoring a newly delivered...
Prologis Data Center Starts Reach $2.1 Billion as Power Pipeline Climbs to 5.8 Gigawatts
Prologis is rapidly scaling two businesses born from its logistics platform — data centers and energy — with data center development already exceeding...
Portland Industrial Vacancy and Availability Hit Record Highs as Leasing Slumps to 2008 Lows
A flood of sublease space and cautious occupiers pushed Portland’s industrial availability to a record 11.1 percent in the second quarter of 2026,...
Prologis Flags Seattle as Its Softest Logistics Market as National Warehouse Recovery Accelerates
Even as Prologis declared the industrial property cycle firmly in a new phase of growth, executives singled out Seattle as the softest of...
