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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...

PS Business Parks, Blackstone, San Francisco, Los Angeles, Inland Empire, Seattle industrial real estate warehouse
IndustrialIndustry NewsLeasing

Ferguson Leases 117,000 SQFT in Ridgefield, the Portland Market’s Largest Industrial Deal of 2Q 2026

A single lease by plumbing and HVAC distributor Ferguson accounted for every square foot of leasing activity recorded in the Clark County Outlying...

Warehouse with trucks
AECFeaturedIndustrialIndustry News

Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market

A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...

Construction crane on a site
IndustrialIndustry NewsLeasing

Terex to Vacate 190,000 SQFT North Bend Plant, Lay Off 117 as Genie Exit Looms

An equipment maker’s consolidation into Redmond and the Southeast frees up a major Snoqualmie Valley industrial complex even as a hot North Bend...

Bellevue homes overlooking Lake Washington with Seattle in the background
FeaturedFinanceIndustrialIndustry News

Puget Sound Eastside Industrial Vacancy Climbs to 7.4% as Absorption Turns Negative in 2025

Rising vacancy, limited construction, and a shift toward smaller deals defined the Eastside industrial market in the fourth quarter The Puget Sound Eastside...

portland skyline
AECFeaturedFinanceIndustrialIndustry NewsPortland

Portland Industrial Vacancy Climbs to 6.1% as $113.2MM Amazon-Anchored Sale Leads Q4 Activity

Kidder Mathews data shows leasing slowed to 1.6 million square feet while sales volume rose 27.2 percent for the year The Pacific Northwest’s...

Portland skyline with the Colubia River
FeaturedFinanceIndustrialIndustry NewsPortland

Portland Industrial Vacancy Rises to 5.7% as Leasing Activity Falls 23%

Net absorption turns positive at 153,000 SQFT despite rising availability reaching 15-year high Portland’s industrial real estate market is experiencing a notable shift...

Containers parked at a port
AECFeaturedFinanceIndustrialIndustry News

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...

warehouse with trucks park next to it
FinanceIndustrialIndustry News

Panattoni Lists for Sale 215,000 SQFT Steel Distribution Facility in Centralia

Panattoni-affiliated seller relists Ryerson-leased property; 2023 asking price was $57MM The industrial real estate market between Seattle and Portland has drawn investor attention...

petrebels-JwMGy1h-JsY-unsplash-warehouse-1
AECFeaturedFinanceIndustrialIndustry NewsPortland

Portland Industrial Market Shows Signs of Softening as Vacancy Hits Decade High

The Portland industrial real estate market exhibited signs of softening in the second quarter of 2025, with rising vacancy and availability rates, flat...

warehouse facade
AECFeaturedFinanceIndustrialIndustry News

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...

Building with sawtooth roof line
AECFeaturedFinanceIndustrialIndustry NewsPortland

Leasing Retreats While Sales Surge: Portland’s Industrial Market Enters a Cautious Phase

Portland’s industrial real estate market is navigating a transitional period marked by softening leasing demand, rising vacancies, and a resurgence in sale activity....

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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