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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...

industrial site
AECIndustrialIndustry NewsLeasing

Odom Corporation Pre-Leases 250,000 SQFT at Tarragon’s SeaPORT Logistics Center in Sumner, Consolidating Two Northwest Facilities

The Odom Corporation, the Bellevue-based beverage distributor, has pre-leased 250,000 square feet at Tarragon’s SeaPORT Logistics Center in Sumner, anchoring a newly delivered...

aga-adamek-9OfBsfty2x4-unsplash-self storage
FinanceIndustrialIndustry News

Extra Space Storage Buys 144,000 SQFT Self-Storage Facility in Puyallup for $18.4MM

Extra Space Storage’s wholly owned Puyallup purchase stands out against a year defined by joint-venture deal-making. The nation’s largest self-storage operator has added...

industrial site
FeaturedIndustrialIndustry NewsLeasing

Puget Sound Industrial Vacancy Climbs Across All Submarkets, But Deal Flow Signals Tenants Have Stopped Waiting

Vacancy rates rose across South Seattle, Greater King County and Pierce County in the latest 60-day reading of the Puget Sound industrial market,...

warehouse facade
AECIndustrialIndustry NewsLeasing

KG Investment Properties Completes 705,680 SQFT Building B at Sumner’s Pacific NW Logistics Center

KG Investment Properties has completed the larger of two speculative warehouses at its 82-acre Pacific NW Logistics Center in Sumner, handing Colliers more...

apartment building
AECIndustry NewsLeasingResidential

Rush Commercial, Dobler Management Open 128-Unit Fryar Flats in Downtown Sumner

Rush Commercial Construction and owner-operator Dobler Management Company have completed and opened Fryar Flats, a six-story, 176,185-square-foot mixed-use community in downtown Sumner that...

Building with sawtooth roof line
IndustrialIndustry NewsLeasing

CMS Leases 84,800 SQFT Warehouse at Tarragon-Owned Sumner Building

A transportation and warehousing firm has committed to one of the larger blocks of industrial space leased across Puget Sound in the first...

image of warehouse interior
FeaturedFinanceIndustrialIndustry News

Puget Sound Industrial Market Deepens Its Recalibration as Vacancy Pushes Toward 10%

Negative absorption widened and construction slowed sharply in the first quarter, handing tenants the upper hand across one of the West Coast’s largest...

Maersk trucks with a crane
FeaturedIndustrialIndustry NewsLeasing

Maersk to Shutter 205,000 SQFT Lakewood Warehouse as Puget Sound Industrial Vacancy Hits Record High

The Danish shipping giant will lay off 44 workers on June 30, joining a wave of logistics retrenchment across a Pacific Northwest market...

Apartments with Space Needle in the background
FeaturedFinanceIndustry NewsPortlandResidential

Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up

A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...

Industrial property with red trucks
FeaturedIndustrialIndustry NewsLeasing

Puget Sound Industrial Vacancy Climbs to 9.71% as Market Enters Period of Controlled Digestion

Cap rates rise, sales volumes contract, and tenants secure flexible deal structures as 7.39MM SQFT of new supply works through the system. The...

warehouse with trucks park next to it
AECFeaturedIndustrialIndustry News

Pacific Northwest Industrial Pipeline Contracts to 4.79MM SQFT as Developers Pull Back

Construction starts have slowed sharply across the I-5 Corridor, but a heavy slate of Q2 and Q3 2026 deliveries will keep pressure on...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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