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FeaturedIndustrialIndustry NewsLeasing

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...

Aerial View Thea Foss Waterway Tacoma Washington Mt Rainier Visible
CommercialFeaturedIndustry NewsLeasing

DuPont Becomes Puget Sound’s Only 100% Vacant Office District as 349,000 SQFT Former State Farm Campus Sits Empty

CBRE's third-quarter survey shows DuPont is the only district in Puget Sound with every square foot of its office stock empty, a figure...

Street view of the Woodinville city center sign outside of a major shopping area on a cloudy, overcast day
Industry NewsLeasingRetail

Lviv Croissants Seeks Shopping Center Space in Eight Puget Sound Cities as Ukrainian Bakery Chain Builds Out Its Seattle Base

Ukrainian bakery franchise Lviv Croissants has put out a requirement for 1,700 to 2,600 square feet of shopping center space across eight Eastside...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

104-Unit Heritage Square Apartments in Puyallup Trades for $25MM

Heritage Square Apartments, made up of four-unit buildings with 1,100-square-foot two-bedroom homes listed at $1,950 a month, has changed hands while developers across...

Industrial property with red trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

Space and Defense Tenants Absorb 697,000 SQFT as South Sound Industrial Vacancy Holds at 9.8%

Lee & Associates' September 2026 South Sound industrial report shows vacancy holding at 9.8 percent and rents edging higher as aerospace and defense...

Aerial view of Tacoma
FinanceIndustry NewsResidential

North40 Capital Buys 15-Unit Narrows Townhomes in Tacoma for $7.3MM

Puyallup-based North40 Capital pays $7.3 million for the 15-unit Narrows Townhomes in Tacoma's West End, about $486,667 per unit.

industrial site
FeaturedFinanceIndustrialIndustry NewsLeasing

Puget Sound Industrial Sales Climb 49% to $2.87B Even as Vacancy Holds at 11.8%

Broker Matt McLennan's latest TILT Report finds the Puget Sound industrial market regaining momentum, with investment volume surging and deals closing, even as...

Port of Tacoma aerial view
AECIndustrialIndustry News

SR 167 Expressway Opens Near Port of Tacoma, Bolstering Kent Valley Freight Corridor

Decades after it was first envisioned, Washington has opened the initial two-mile leg of the State Route 167 expressway near the Port of...

small homes arranged in a pattern
AECIndustry NewsResidential

Trumark Homes Plans 87-Home Sandstone Ridge Community on 18 Acres in Poulsbo

Trumark Homes has selected an 18-acre site in Poulsbo for its first Washington land acquisition since buying local homebuilder JK Monarch in March,...

Vacant land
FinanceIndustrialIndustry News

XTRA Lease Acquires 9.14-Acre Undeveloped Puyallup Site for $9.9MM

The purchase lands in a Pierce County industrial market carrying the Puget Sound region's highest vacancy rate at 12.7 percent, even as the...

Warehouse with trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy

Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...

Joint Base Lewis-McChord, Department of the Army, Puget Sound
AECIndustry News

Absher Construction Joins Army’s PaYS Program to Recruit Veteran Workforce

Absher Construction, already the general contractor on a $100 million barracks project at Joint Base Lewis-McChord, will formalize a separate hiring partnership with...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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