Northwest Seaport Alliance
UPS to Close Spokane and Pendleton Facilities as Pacific Northwest Feels Impact of National Network Overhaul
The closures are part of a sweeping restructuring that will shutter 22 union-staffed buildings across 18 states in 2026, as UPS decouples from...
Seattle-Tacoma Industrial Landlords Pivot to Renewals as 80% of Q4 Deals Extend Existing Tenants
Renewal Activity Dominates Q4 2025 as Landlords Offer Extended Concessions and Development Pipeline Contracts Sharply The Pacific Northwest’s industrial real estate market closed...
Alaska Airlines Bets Big on Premium Travelers With Split-Level Lounge Strategy
The carrier is investing in a new 20,000-square-foot facility at Sea-Tac as competition for high-spending flyers intensifies on the West Coast Alaska Airlines...
Puget Sound Industrial Real Estate Market Slows in Q3 as Vacancy Climbs to 8.2%
Major deals include BGO’s $176 million acquisition and Terreno’s $323 per square foot purchase as region adapts to cooling demand The Puget Sound’s...
Clarion Partners Lists 72,000 SQFT Kent Distribution Center for Sale Seven Years After Acquisition
Fully leased industrial asset hits market as Kent Valley navigates moderating fundamentals Seven years after acquiring the property in a regional buying spree,...
Port of Seattle’s $100MM Fishermen’s Terminal Overhaul Enters Critical Construction Phase
Maritime Innovation Center nears completion as major dock reconstruction looms for 2026 The Port of Seattle’s ambitious, nearly $100 million redevelopment of Fishermen’s...
Washington Ports Drive $55 Billion Economic Engine, Supporting Nearly 265,000 Jobs
New analysis reveals the massive economic footprint of the state’s major port authorities, from Seattle’s bustling airport to Tacoma’s cargo operations Washington’s port...
Seattle’s Industrial Market Enters Cooling Phase as Vacancy Rises and Construction Slows
Seattle’s industrial market is entering a new phase of cooling, with signs of a slowdown becoming increasingly evident across construction, leasing, and investment...
Puget Sound Industrial Market Softens, but Leasing Momentum Remains in Select Submarkets
The Puget Sound industrial market entered a recalibration phase in Q2 2025, as rising vacancy and negative net absorption reflected shifting tenant demand...
Trump’s Tariffs Threaten to Derail West Coast Ports and Small Businesses
The recent implementation of steep tariffs on Chinese imports is sending shockwaves through America’s trade ecosystem, with West Coast ports and thousands of...
Report: Seattle and Tacoma Ports See Rebound in 2024 Amid Global Trade Shifts
After two consecutive years of declining cargo activity, the ports of Seattle and Tacoma, jointly operating under the Northwest Seaport Alliance (NWSA), witnessed...
Port of Seattle Commission Approves Deal to Buy Three-Building Office Campus in SeaTac for $122MM
By Kate Snyder An office portfolio in SeaTac is slated to trade hands soon. Recently, the Port of Seattle Commission voted in favor...
