Panattoni
New Supply, Not Lost Tenants, Drove Puget Sound Industrial Vacancy to 12% as Pipeline Shrinks 74%
The Puget Sound's industrial vacancy rate nearly tripled from 4.3 percent to 12.0 percent over roughly four years, but CBRE's latest numbers show...
Clark County Absorbs 648,000 SQFT as Portland’s Industrial Market Sheds 1.5MM SQFT
Larger occupiers and owner-users are pulling industrial demand north across the Columbia River, making Clark County the clear leader in Portland-area absorption in...
Puget Sound Cap Rates Hold Near 5.5% as 10-Year Treasury Tests 5%
With the 10-year Treasury yield sitting around 5 percent and the Federal Reserve back in tightening mode, Puget Sound apartment and industrial cap...
Canby’s 1.1MM SQFT Industrial Pipeline Lands in a Submarket Already 20.5% Available
Sequoia Logistics Center and Baker Center will bring more than 1.1 million square feet to Canby as SE Outlying availability tops 20 percent...
Carroll Tire Renews 133,000 SQFT at LaSalle’s Seattle Gateway II in Burien
Tire distributor Carroll Tire Company has decided to stay put at a 2018-built logistics building on the northern edge of Seattle-Tacoma International Airport,...
Aerospace and Defense Tenants Take 788,000 SQFT as Space Economy Fills Puget Sound Industrial Space
Shield AI, Cowboy Space and an unnamed aerospace company together committed to roughly 788,000 square feet of Puget Sound industrial space in the...
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...
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...
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...
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...
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 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...
