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Panattoni breaks ground on large Seattle warehouse as tenant demand rebounds

National developer targets one of Puget Sound's last available industrial sites
Des Moines Creek Business Park West, a 405,680-square-foot industrial project under construction south of Seattle, is expected to be finished in the third quarter of next year. (Panattoni)
Des Moines Creek Business Park West, a 405,680-square-foot industrial project under construction south of Seattle, is expected to be finished in the third quarter of next year. (Panattoni)
CoStar News
July 21, 2025 | 10:19 P.M.

National real estate developer Panattoni broke ground on a large building south of Seattle in a sign that builders remain confident in the region’s industrial market despite a drop in leasing over the past year.

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