Cowboy Space Leases 291,035 SF Industrial Facility in Kent, Washington for Production Site
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Washington office has been a leading conversion market in the cycle, with multiple downtown Class B assets entering office-to-residential programs in the last twelve months. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The tenth Washington story tracked on the wire in September 2026. All Washington coverage →
Computed from Real Estate Trail’s own tracked coverage
KENT, WASH. — Cowboy Space, an aerospace and advanced manufacturing firm, has leased a 291,035-square-foot facility at 7650 S. 228th St. in Kent, a suburb 20 minutes south of Seattle, from CenterPoint. Thad Mallory an…
External link. Real Estate Trail does not republish source content.
Related coverage — Washington · Industrial
U.S. Economy Posts Strong Rebound in August, Adds 162,000 New Jobs
WASHINGTON, D.C. — The U.S. economy added 162,000 net new jobs in August and the unemployment rate was unchanged at 4.1 percent, according to the U.S. Bureau of Labor Statistics (BLS). The rise in total nonfarm employ…
Downtown D.C. Office Conversion Secures $176M Loan, New Majority Partner
One of Washington, D.C.’s largest office-to-residential redevelopments has secured a new majority partner and $175.6 million in construction financing. A partnership of Stonebridge , the Bernstein Companies and Criter…
Aggregate Acquires Industrial, Retail Portfolio in Northern Virginia for $58M
FAIRFAX, VA. — Fairfax-based Aggregate Real Estate Investors has purchased an 11-building retail and industrial portfolio in Northern Virginia from Clarke-Hook Corp. for $58 million. The portfolio comprises: The post…
HSMAI DC Workshop Will Introduce the Fundamentals of Modern Hotel Marketing and Commercial Strategy
HSMAI's Washington D.C. chapter hosts a $55–$75 half-day workshop on Sept. 10 covering hotel marketing fundamentals, demand generation, and commercial strategy using the CHDM credential as a framework.