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Seattle’s industrial slowdown starts at the docks

Drop in container activity adds pressure to leasing as large warehouse availability rises
The impact of a slowdown in global trade has been more pronounced in the Seattle region than in some competing port gateways. (Getty Images)
The impact of a slowdown in global trade has been more pronounced in the Seattle region than in some competing port gateways. (Getty Images)
CoStar Analytics
June 11, 2026 | 5:56 P.M.

Industrial demand in the Seattle region has weakened in recent months as a sharp slowdown in port import volumes has reduced the need for large-scale warehouse space, adding to a broader cooling in leasing activity.

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