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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...

image of warehouse interior
FeaturedIndustrialIndustry NewsLeasing

Pacific Forest Products Lands 85,000 SQFT Lease at Fortress-Owned 2005 Fryar Avenue in Sumner

The South Valley deal lands as Pierce County industrial vacancy climbs to 12.2 percent and landlords compete harder for occupancy. A wholesale forest...

image of warehouse interior
IndustrialIndustry NewsLeasing

Kent Outdoors Signs 100,000 SQFT Lease at Prologis Park Sumner 17 in Kent Valley

Outdoor recreation and watersports equipment manufacturer establishes Puget Sound distribution presence in the Sumner industrial corridor Kent Outdoors has signed a new 100,000-square-foot...

warehouse with trucks park next to it
IndustrialIndustry NewsLeasing

Mobis Parts America Renews and Expands to 181,000 SQFT at Sumner Corporate Park-Cascade Building

Hyundai Motor Group’s parts distribution affiliate extends its Puget Sound footprint with a renewal and expansion in the Sumner industrial corridor Mobis Parts...

Cooper Cobra tire.
IndustrialIndustry NewsLeasing

Cooper Tire Renews 264,000 SQFT Lease at Prologis Park Sumner – White River Building in Kent Valley

Goodyear subsidiary’s Pacific Northwest distribution hub recommits to Sumner industrial corridor, marking Q1 2026’s third-largest lease transaction in the Puget Sound market Cooper...

warehouse with trucks park next to it
IndustrialIndustry NewsLeasingNews Releases

The Odom Corporation Expands to Full Building Occupancy with 75,000 SQFT Lease at SeaPORT Logistics Center in Sumner

Seattle, WA (March 2026) – Tarragon is pleased to announce that The Odom Corporation has expanded its operations at SeaPORT Logistics Center Building...

Woods Coffee cup in a forest camping ground
Industry NewsRetail

Woods Coffee Targets Aggressive Drive-Thru Expansion Across Puget Sound With 5+ New Locations Annually

The family-owned Pacific Northwest coffee brand is actively seeking drive-thru retail sites in nearly 20 Washington communities, backed by more than two decades...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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