Since the end of 2022, Seattle's logistics market has experienced a significant increase in vacancy, rising from 4% at the end of that year to approximately 9% today, a level not seen in more than two decades.
Vacancy rises in Seattle's small-bay logistics segment
Smaller properties in the region not immune to a local downturn
CoStar Analytics
November 12, 2025 | 5:03 P.M.
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