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FinanceIndustrialIndustry News

Pacific Maritime Association Acquires 10,200 SQFT Tacoma Training Facility for $10.5MM

The sale consolidates ownership of the Pacific Northwest Training Center within Portside 55 East, a maritime-oriented development on Port of Tacoma ground-lease land...

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FinanceIndustry NewsRetail

Tourmaline Capital Acquires 43,000 SQFT Harvard Market Shopping Center in Seattle for $14.2MM

The value-add acquisition of the 55 percent-leased retail center on Broadway closes at a 15 percent discount to the sellers’ 2007 purchase price...

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FinanceIndustry NewsNews ReleasesResidential

Legacy Partners, Silverpeak Announce Development of 138-Unit Ravine Ridge in Port Orchard with $24.28MM Construction Loan

Partnership closed loan from PNC for $24.28 millionPORT ORCHARD, Wash. (Feb. 25, 2026) – Legacy Partners (“Legacy”), a privately held national real estate...

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AECFeaturedIndustry NewsResidential

Tri-Cities Apartment Construction Surge Delivers More Than 1,500 Units, Easing Rents as Developers Test the Market’s Limits

A roughly 10 percent expansion in rental stock is bringing relief to tenants, but rising vacancies in newer properties and slowing absorption raise...

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FinanceIndustry NewsRetail

Ross Dress for Less and Grocery Outlet Lease Nearly 60,000 SQFT at SimonCRE’s Spanaway Plaza in Pierce County

Kidder Mathews and First Western Properties broker leases that will reposition the 89,000-square-foot retail center ahead of planned 2027 openings Retail repositioning efforts...

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Industry NewsRetail

FunBox Signs Lease on Grady Way in Renton, Eyes Eight Additional Puget Sound Markets

The indoor bounce park franchise, which has grown to 34 signed franchisees nationally since 2018, is targeting communities across King, Pierce, and Snohomish...

Tacoma Tower
AECIndustry NewsResidential

Mercy Housing Northwest Breaks Ground on $55MM, 80-Unit Affordable Housing Development on Pacific Avenue in Tacoma

The five-story project in Tacoma’s Lincoln District will serve households earning below 60 percent of area median income and reserve 20 units for...

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Industry NewsRetail

Firehouse Subs Targets 11 North Puget Sound Communities in Aggressive Pacific Northwest Push

The fast-casual sandwich brand, now exceeding 1,400 locations nationwide, is actively seeking sites across the Eastside, South King County, and Snohomish County as...

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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...

FeaturedFinanceIndustry NewsResidential

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...

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FinanceIndustrialIndustry News

Tacoma School District Acquires 85,800 SQFT Metal Fabrication Facility for $12.1MM

The South Orchard Street industrial complex will support expanded educational programming for the district, funded through a voter-approved capital bond Tacoma School District...

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CommercialFinanceIndustry News

Tacoma Arts Live to Sell Historic 61,000 SQFT Tacoma Armory as 47-Year-Old Nonprofit Winds Down

Post-pandemic ticket revenue shortfall and $3 million debt burden force closure of South Sound cultural anchor; board seeks listing agent by end of...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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