Pierce County Apartment Sales Reach $445MM in 2025 as Income-Focused Investors Target the South Sound’s Higher Yields

A new Kidder Mathews report finds 43 buildings traded at 6.0 percent average cap rates while the Tacoma-anchored market posted 2 percent rent growth to $1,672 — the most affordable county average in the Puget Sound. Pierce County's apartment market remained firmly positioned as the Puget Sound's primary yield-driven submarket in 2025, with full-year sales […]