Seattle has posted the weakest industrial absorption of any major U.S. market over the past 12 months. Among the 395 industrial markets tracked by CoStar, Seattle ranked last for absorption, which measures the net change in occupied space over time.
CoStar Insight
Puget Sound region underperforms on industrial demand
A historic supply wave meets cooling demand
CoStar Analytics
March 20, 2026 | 6:43 P.M.
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