Industrial Developers Look South for More Land

Thanks to the region’s Seattle and Tacoma ports, the Puget Sound industrial market is one of the hottest in the country with lease rates that regularly rank among the most expensive.

For example, in August lease rates at regional industrial properties were $9.14 per square foot, which is up 5.8% year-over-year and is the fourth highest in the country.

For the full story, go to the Puget Sound Business Journal.

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