Northwest Seaport Alliance
Tacoma’s Missing Middle Bet Pays Off: Permits Jump 39%, Units Surge 62% in First Year of Rezone
Home In Tacoma is producing density gains even as building permits across the broader Seattle-Tacoma-Bellevue region fall 17.3 percent year-over-year — a divergence...
Puget Sound Industrial Vacancy Climbs to 9.71% as Market Enters Period of Controlled Digestion
Cap rates rise, sales volumes contract, and tenants secure flexible deal structures as 7.39MM SQFT of new supply works through the system. The...
Pacific Forest Products Lands 85,000 SQFT Lease at Fortress-Owned 2005 Fryar Avenue in Sumner
The South Valley deal lands as Pierce County industrial vacancy climbs to 12.2 percent and landlords compete harder for occupancy. A wholesale forest...
Amazon Spends $220MM on Ashley Furniture’s 1.1MM SQFT Distribution Complex and Parcels in Spanaway
The e-commerce giant’s purchase of the purpose-built logistics campus ranks among Pierce County’s largest commercial real estate transactions and signals renewed appetite for...
Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%
The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle’s recovery timeline further out than the national average....
Ares Management Sells 91,400 SQFT Renton Warehouse to Maryland Buyer for $19MM
The Kent Valley asset traded at roughly $208 per square foot as Puget Sound industrial vacancy climbed to 9.3 percent in the first...
TA Realty Acquires 128,700 SQFT Kent Warehouse for $23.3MM
Boston-based investment manager expands Puget Sound industrial footprint with purchase of long-held WCP Solutions distribution facility at $181 per square foot Boston-based real...
Stryder Logistics Signs 103,000 SQFT Lease at Port Commerce Center in Tacoma
Canadian-based 3PL provider expands its Pacific Northwest warehouse network with a new facility adjacent to the Port of Tacoma Stryder Logistics has signed...
Puget Sound Industrial Market Faces Mounting Headwinds as Vacancy Climbs to 9.3% in Q1 2026
Trade disruptions, declining port volumes, and cautious occupier demand are weighing on the region’s industrial fundamentals, though pockets of strength in Pierce County...
Port of Tacoma Highlights $10 Billion Economic Impact, Major Infrastructure Push in 2026 State of the Port
Annual video report showcases Maritime Center construction, Blair Waterway deepening plans, and workforce development milestones across Pierce County The Port of Tacoma has...
Pacific Maritime Association Acquires 10,200 SQFT Tacoma Training Facility for $10.5MM
The sale consolidates ownership of the Pacific Northwest Training Center within Portside 55 East, a maritime-oriented development on Port of Tacoma ground-lease land...
Seattle-Tacoma Port Volume Falls to Decade Low as Tariff Volatility Reshapes Pacific Northwest Trade
The Northwest Seaport Alliance recorded its second-lowest container total in ten years in 2025, while its industrial market is giving tenants more room...
