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Lacey

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AECIndustry NewsResidential

Rise Development Files Plans for 54-Unit Parkside Place Townhome Subdivision in Lacey

A developer known as Rise Development LLC has applied to rezone a 5.83-acre former school-and-church site in Lacey and subdivide it into 54...

Office building
AECCommercialFinanceIndustry News

Thurston County Opens 56,000 SQFT Sheriff’s Headquarters in Former State Parks Building After $14.25MM Tumwater Buy

A former state agency headquarters near Interstate 5 has become the long-sought single home for Thurston County's law enforcement operations, financed entirely outside...

Washington capitol building in Olympia
FinanceIndustry NewsResidential

$11.1MM Loan Secured for 79-Unit Olympia Apartments

Thurston County’s apartment vacancy rate just hit its highest point in a decade, yet a lender was still willing to write a 30-year,...

hard hats
AECIndustry NewsRetail

Lacey’s Meridian Market & Gas Breaks Ground at Willamette and Campus Glen Four Years After Approval

Site work has finally started on a convenience store and fueling station in northeast Lacey whose contentious 2022 approval so inflamed residents that...

Pizza
CommercialIndustry NewsLeasingRetail

Jet’s Pizza Hunts 1,400-1,800 SQFT Retail Sites Across 11 Washington Markets in Puget Sound Push

Detroit-style chain Jet’s Pizza is scouting inline and end-cap retail space in roughly a dozen Washington submarkets, deploying a compact off-premise format that...

Warehouse with trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

Amazon Clears 3.3MM SQFT From South Sound as Vacancy Climbs Toward 10%

One tenant is propping up first-half absorption while the rest of the Puget Sound industrial market waits out a costly, oversupplied cycle. Amazon...

construction site
AECFeaturedIndustry News

Washington Construction Payrolls Stall as Seattle-Tacoma-Bellevue Sheds 2,200 Jobs

Statewide employment held flat at 214,600 in March even as the Puget Sound’s largest metro continued a year-long contraction, deepening regional concerns about...

apartment building
FinanceIndustry NewsResidential

193-Unit College Pointe Apartments in Lacey Hits Market for First Time in 36 Years

Marcus & Millichap markets the original-ownership multifamily complex in one of Washington State’s tightest rental markets, where Thurston County vacancy has hovered near...

Graphic of shopping bags on conveyor belts
FinanceIndustry NewsRetail

Trader Joe’s-Anchored 360,040 SQFT South Sound Center in Lacey Hits Market on Best-Offer Basis

The regionally dominant retail hub draws approximately 5 million annual visits, with Target shadow-anchoring and significant leasing and redevelopment upside across its 30.84-acre...

Industrial property with red trucks
FeaturedIndustrialIndustry News

Supreme Court Tariff Ruling Injects Optimism Into South Sound Industrial Market as Vacancy Climbs to 9.8%

Lee & Associates brokers report rising tenant activity in early 2026 amid a structural shift toward Class B product and shorter lease terms...

Dave’s Hot Chicken restaurant
Industry NewsRetail

Dave’s Hot Chicken Targets 11 New Western Washington Locations as Billion-Dollar Brand Accelerates Puget Sound Growth

The Nashville-style hot chicken franchise, backed by Roark Capital, is seeking sites across the region from Bellingham to Olympia as its Capitol Hill...

Industry NewsRetail

Taiwan’s Fastest-Growing Tea Brand UG Tea Launches Washington Expansion, Targeting Greater Seattle Retail Corridors

Unique Green Tea (UG), recognized as Taiwan’s strongest tea brand in 2024, has launched an aggressive site selection campaign across Washington’s Puget Sound...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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