Pierce County
Investors Management Group Sells 108-Unit Valley Vista Apartments in Tacoma for $15.9MM
The 1986-vintage garden-style community near Tacoma Mall traded at roughly $147,200 per unit, below the regional metro average, as investor appetite for suburban...
Sound Transit Confronts $35 Billion Budget Gap Threatening Voter-Approved Light Rail Expansion Across Puget Sound
The regional transit agency is pursuing an agency-wide cost-cutting initiative as inflation and rising construction expenses jeopardize the $53.8 billion ST3 plan approved...
Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region
The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...
Port of Tacoma Highlights $10 Billion Economic Impact, Major Infrastructure Push in 2026 State of the Port
Annual video report showcases Maritime Center construction, Blair Waterway deepening plans, and workforce development milestones across Pierce County The Port of Tacoma has...
Toll Brothers Acquires 18.2-Acre Browns Point Land Site in Tacoma for $10.7MM
The nationally traded homebuilder paid approximately $588,000 per acre for undeveloped land in one of Tacoma’s most sought-after waterfront-adjacent neighborhoods, where it intends...
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...
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...
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...
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...
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...
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...
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...
