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The Registry's Puget Sound office ranking
LeasingOutlook

The Registry Ranks: Puget Sound Office for Contrarian Investors — Buy Kirkland, Fear the Discount

Regional office vacancy is 23.3%, only 138,667 SF is under construction, and downtown Seattle just traded at $57.56 a foot. We ranked ten...

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CommercialFeaturedIndustry NewsLeasing

Seattle Suburban Office Rents Slip 2.6% to $34.80 as Leasing Jumps 74% and Renton Draws 407,000 SQFT of Deals

Seattle's suburban office landlords are trading rent for occupancy, cutting average asking rates to $34.80 per square foot, roughly $12 below downtown, as...

Port of Tacoma aerial view
FeaturedIndustrialIndustry NewsLeasing

Three Puget Sound Industrial Districts Top 25% Vacancy as Spec Warehouses Sit Empty

CBRE's third-quarter 2026 district data shows Tacoma West, Federal Way and North Snohomish County each carrying industrial vacancy more than double the regional...

The Registry Ranks Puget Sound retail for a private-capital buyer
FeaturedRetail

The Registry Ranks: Puget Sound Retail for Private-Capital Buyers — Buy the Northend, Fear the Freestanding Bid

Direct vacancy is 3.9%, third-quarter absorption was positive 231,000 SQFT, and only 176,000 SQFT is under construction. We ranked nine Puget Sound retail...

Aerial view of Renton, WA
CommercialIndustry NewsLeasing

Healthcare Occupier’s 261,000 SQFT Move-In at Longacres Gives Renton Puget Sound’s Largest Q3 Office Absorption Gain

A confidential healthcare occupier filled 261,000 square feet across two buildings at Renton's Longacres office campus in the third quarter, handing Renton 309,000...

Apartment buildings in Seattle with the Space Needle in the background
CommercialFeaturedFinanceIndustry NewsResidential

Blackstone Says Rising Rates Hit Apartments Hardest as Data Centers Carry Q3 Real Estate Book

Blackstone told investors that its multifamily holdings absorbed the heaviest blow from widening cap rates in a third quarter marked by the sharpest...

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...

A view of a pier at Gene Coulon Park in Renton, Washington.
Industry NewsLeasingRetail

The French Bakery Seeks 2,500 to 4,500 SQFT Sites Across Nine Eastside and North End Markets

The French Bakery, an Eastside artisan patisserie that runs three cafés in Bellevue and Redmond, is seeking 2,500 to 4,500 square feet of...

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FeaturedHospitalityIndustry NewsResidentialRetail

Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants

Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...

Aerial view of Renton, WA
FinanceIndustrialIndustry News

La Caisse Affiliate Sells 116,000 SQFT Renton Warehouse for $19.6MM in Third Puget Sound Exit in Two Weeks

IC Industrial REIT sold its 1974-built Thomas Avenue warehouse for about $169 per square foot, bringing its Kent, SeaTac and Renton sales to...

The Registry Ranks graphic
LeasingOutlook

The Registry Ranks: Puget Sound Office Submarkets for AI Tenants — Bellevue Wins, and Downtown Seattle Isn’t Dead (It’s Just on Sale)

AI firms have driven roughly a fifth of Seattle-area leasing this year. We ranked seven submarkets for one specific buyer — an AI...

Aerial view of Renton, WA
FinanceIndustrialIndustry News

Infill Industrial Partners Buys 126,000 SQFT Renton Warehouse From Blackstone Affiliate for $31.8MM

Infill Industrial Partners paid $31.8 million for a 126,457-square-foot Renton warehouse from a Blackstone affiliate, its second Blackstone buy this month.

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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