Puyallup/S Hill

Seattle - WA USA - Industrial Submarket

Industrial real estate intelligence for the Puyallup/S Hill submarket. 35.9M SF of inventory with 13.6% vacancy. Data sourced from various MLS platforms.

35.9MSF

Inventory

6.6MSF

Available

13.6%

Vacancy

18.3%

Availability Rate

$12.49

Asking Rent

4.6%

Rent Growth

134KSF

12mo Absorption

0SF

Under Construction

Market Metrics

12mo Delivered

1.7M SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$222

Cap Rate

5.7%%

12mo Sales Volume

$50,358,514

Sales Vol Growth

-75.7%

Asset Value

$7,948,169,760

Net Absorption

+134K SF

Recent DC Sales in Market

PropertyPriceSFBuyer
EdgeConneX SEA01$13.3M50,150Northwest Building, LLC
4200 194th St SW$15.0M39,604Landmark Dividend
Liberty Mutual Data Center$15.3M71,000Microsoft

Data Centre Development Potential

High vacancy (13.6%) in Puyallup/S Hill may indicate availability of conversion-ready industrial buildings for data centre development. Positive net absorption of 134K SF over the past 12 months signals healthy demand fundamentals.

Other Submarkets in Seattle - WA USA

Auburn

33.1M SF10.7% vac$12.95

Kent Valley N

32.1M SF11.3% vac$12.59

S Everett/Harbor Pt

27.0M SF6.3% vac$15.77

Kent Valley S

21.3M SF11.7% vac$12.93

Port of Tacoma/Fife

22.0M SF12% vac$12.16

Parkland/Spanaway

17.6M SF13.9% vac$11.92
Luke Tatman

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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.