Industrial Leasing Trends

Taking a five-year view of our regional industrial market helps contextualize 2022’s year to date trends and provides a baseline for comparison to other years.  While concerns around inflation, higher interest rates and slowed economic activity present significant headwinds for the United States economy, more regionally focused analyses like this one paint a positive and more nuanced picture with respect to industrial leasing activity across the Puget Sound's five industrial submarkets.