Kent Valley
Principal Asset Management Provides $37.9MM Bridge Loan for New Covington Industrial Project
Principal Asset Management has closed a $37.9 million bridge loan on a newly constructed industrial building in Covington, giving an undisclosed owner time...
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...
Blue Origin Leases Full 266,000 SQFT Prologis Park SeaTac 3 in Des Moines, Filling Prologis’ Des Moines Creek Portfolio
The deal removes about 266,000 square feet of large-format space from the market as speculative construction slows and leasing in the region rises...
Alliance Door Products Renews 119,000 SQFT in Sumner as District Leads Puget Sound Industrial Absorption
Building products distributor Alliance Door Products, part of the Lynden Door Family of Companies, renewed its 119,000-square-foot lease on Sumner's 142nd Avenue East...
Rainier Industries Renews 131,000 SQFT at Its Tukwila Headquarters on Olympic Avenue South
Rainier Industries, the 130-year-old Seattle-born maker of tents, displays, awnings and custom signage, has committed to another term at its 131,000-square-foot manufacturing headquarters...
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...
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...
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...
Propet Footwear Renews 162,000 SQFT Lease on Auburn’s West Valley Highway as District Sheds 110,000 SQFT
Propet Footwear renewed its 162,000-square-foot lease at 2415 West Valley Hwy N in Auburn during the third quarter, keeping one of the region's...
Holman Distribution Center Commits to 428,000 SQFT at Sumner Central as Sumner Leads Puget Sound Industrial Absorption
Logistics operator Holman Distribution Center took on 245,000 more square feet and renewed another 183,000 square feet at Sumner Central in the third...
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...
The Registry Ranks: Puget Sound Industrial Submarkets for Investors — Buy the Eastside, Fear Pierce County
Puget Sound industrial vacancy is 9.4% and the headline absorption number is being carried by a single Amazon owner-user deal. We ranked ten...
