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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...

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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...

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FeaturedIndustrialIndustry News

Prologis Delivers Strong Q1 2025 Results Despite Market Caution

Industrial real estate giant reports 10.9 percent increase in Core FFO per share, maintains full-year guidance amid economic uncertainty Prologis, Inc. (NYSE: PLD),...

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FeaturedIndustrialIndustry News

Puget Sound Industrial Market Faces Rising Vacancies Amid Rightsizing Trends

The Puget Sound industrial real estate market closed 2024 with a mixed performance, contending with rising vacancy rates and continued adjustments from tenants....

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AECFeaturedIndustrialIndustry News

Prologis Gears Up for $50MM Redevelopment at Port of Tacoma

A 204,000-square-foot structure at the Port of Tacoma is set to be redeveloped as Prologis plans a $50 million overhaul. This real estate...

Electric photovoltaic solar panels installed on shopping mall building rooftop for production of green ecological electricity. Concept of producing sustainable energy
FeaturedIndustrialIndustry News

Puget Sound Industrial Market Update: Leasing, Vacancy, and Developments in Q4 2024

In the fourth quarter of 2024, the Seattle and Puget Sound industrial, commercial real estate (CRE) market exhibited nuanced dynamics shaped by regional...

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Side Out Pickleball Centers Opens Seattle’s First Dedicated Indoor Facility in Mukilteo; Announces 26-Court South Seattle Complex

Side Out Pickleball Centers has officially opened the Seattle metro area's first and only dedicated indoor pickleball facility – an eight-court state-of-the-art center in Mukilteo near Paine...

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FinanceIndustrialIndustry News

44,000 SQFT Industrial Property in Monroe Trades Hands for $11.7MM

By Kate Snyder An industrial property has traded hands in Monroe. The asset was purchased for $11.7 million, or approximately $266 per square...

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FinanceIndustrialIndustry News

Rivian Leases Nearly 100,000 SQFT of Industrial Space at Prologis’ Emerald Gateway in Seattle

By Kate Snyder An industrial development in Seattle has gained a new tenant. Rivian, the electric vehicle manufacturer backed by tech giant Amazon,...

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FeaturedIndustrialIndustry News

Kent Valley and Tacoma/Fife Lead the Way in Puget Sound’s Q3 2024 Industrial Growth

The Puget Sound industrial market saw a mix of progress and challenges in Q3 2024, highlighted by Boeing’s major move into one million...

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FinanceIndustrialIndustry News

Prologis Sells 41,000 SQFT Industrial Property in Kent for $10.2MM

By Kate Snyder Another industrial asset in Kent has traded hands. The property, a warehouse, was sold for $10.2 million, or approximately $245...

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FinanceIndustrialIndustry NewsNews Releases

East Bay Logistics Extends 228,300 SQFT Lease at Warehouse Facility in Sumner

Cushman & Wakefield represents tenant in extension in city of Sumner, WA TACOMA, Wash. – May 23, 2024 –  Cushman & Wakefield announced...

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