2026 Market Momentum: Industrial Insights in the Puget Sound Market
Puget Sound Industrial Market Trends and Predictions for 2026 In this Five-Minute Friday episode of the Industrial Advisors Podcast, Bill Condon and Matt McGregor discuss recent trends in the Puget Sound industrial real estate market, focusing on net absorption and market activities. They highlight the market's positive momentum over the past 45 days, the potential closing of several deals by year-end, and outlook for the coming years. The hosts predict a slight negative absorption for the current year but are optimistic about significant positive absorption in the first half of 2026, driven by major deals involving companies like Amazon and other substantial projects. The episode concludes with forecasts for the end of the year and the first two quarters of 2026. 00:00 Market Momentum in the Last 45 Days 00:29 Introduction to Five Minute Friday Industrial Advisors 00:40 Net Absorption and Year-End Predictions 01:01 Big Deals on the Horizon 01:22 Amazon's Potential Moves 01:49 Activity in the 1 to 200 Range 02:21 Market Picking Up in the 20 to 50 Range 02:35 Year-End and 2026 Predictions 03:19 Conclusion and Farewell