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FinanceIndustrialIndustry News

Steel Peak Pays $9MM for 23,500 SQFT Kent IOS Property in Fourth Seattle-Area Deal This Year

A two-year-old investment platform is quietly building density in one of the tightest corners of the Puget Sound industrial market, betting that scarce,...

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...

warehouse facade
IndustrialIndustry NewsLeasing

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...

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FinanceIndustry NewsResidential

RISE Properties Trust Affiliate Sells 198-Unit Bower Village Apartments in Kent for $45MM

Kent Valley’s apartment market draws fresh capital even as Kidder Mathews reports softening fundamentals region-wide. A Nevada investment firm has picked up a...

warehouse facade
IndustrialIndustry NewsLeasingNews Releases

Plymouth Poultry Signs 72,000 SQFT Cold Storage Lease at Former Dreyer’s Plant in Kent

A scarce owner-operated freezer facility draws multiple bidders even as the surrounding Kent Valley industrial market sits at record-high vacancy, highlighting a growing...

industrial site
IndustrialIndustry NewsLeasing

Hermanson Company Lands 106,000 SQFT New Lease in Kent, One of Only Two New Deals Among the Quarter’s Biggest

Hermanson Company, the Kent-based mechanical contractor that has built HVAC, piping and plumbing systems across the Pacific Northwest since 1979, has signed a...

warehouse facade
IndustrialIndustry NewsLeasing

Future Foam Renews 105,000 SQFT in Kent, Anchoring a Manufacturing Segment With 2.4% Vacancy

Future Foam, the family-owned polyurethane manufacturer that has been pouring foam since 1958 and entered the Kent market through a 2020 acquisition, has...

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IndustrialIndustry NewsLeasing

Tiger Mountain Services Renews 125,000 SQFT in Kent, Keeping Washington’s First Bonded Wine Warehouse in the Valley

Tiger Mountain Services, the Kent operator that opened Washington’s first bonded wine warehouse and now serves more than 500 wineries, has renewed 125,000...

warehouse facade
FinanceIndustrialIndustry News

BKM Capital Partners Acquires Multi-Tenant Industrial Portfolio in Kent and Tukwila for $85.7MM

Newport Beach-based BKM Capital Partners deepens its decade-long bet on South King County’s industrial corridor, snapping up multiple buildings and vacant land from...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

Hume Investments Sells 120-Unit Easthill Apartments in Kent for $19.2MM

The transaction recorded $160,000 per unit for a 120-unit apartment complex in Kent’s East Hill neighborhood An Irvine-based national apartment operator has paid...

industrial site
FeaturedIndustrialIndustry NewsLeasing

Puget Sound Industrial Vacancy Climbs Across All Submarkets, But Deal Flow Signals Tenants Have Stopped Waiting

Vacancy rates rose across South Seattle, Greater King County and Pierce County in the latest 60-day reading of the Puget Sound industrial market,...

industrial site
FinanceIndustrialIndustry News

Westcore Properties Sells Multiple Industrial Assets Totaling 138,300 SQFT in Kent’s West Valley Corridor for $20.7MM

A Newport Beach investment entity paid $20.7 million for a 72,000-square-foot multi-tenant warehouse complex along Kent’s West Valley Highway, acquiring multiple industrial assets...

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