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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...

naomi-hebert-2dcYhvbHV-M-unsplash-couch
CommercialFinanceIndustry News

Ventas-Linked Buyer Pays $24.1MM for Kent Senior Living Community

A Ventas-linked buyer pays $24.1 million for the Arbor Village senior living community in Kent, well below KKR's $41 million purchase in 2018.

office building facade
CommercialFinanceIndustry News

LDS Church Sells Two Auburn Meetinghouses for Combined $8.7MM Amid Seattle-Area Consolidation

The LDS Church sells two Auburn meetinghouses for a combined $8.7MM as it reshapes its Seattle-area property footprint.

Vacant land
FinanceIndustry NewsResidential

Sekisui House Washington Buys 4.79-Acre Bothell Site for $7.6MM

Sekisui House Washington’s $7.6 million purchase of a Bothell-Everett Highway parcel adds to a Puget Sound land pipeline the Japanese homebuilding giant has...

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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...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
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...

Building with sawtooth roof line
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...

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