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FeaturedFinanceIndustrialIndustry NewsLeasing

Puget Sound Industrial Sales Climb 49% to $2.87B Even as Vacancy Holds at 11.8%

Broker Matt McLennan's latest TILT Report finds the Puget Sound industrial market regaining momentum, with investment volume surging and deals closing, even as...

fernando-hernandez-azOupDDldt4-unsplash-tacoma
FinanceIndustry NewsResidential

98-Unit Tacoma Townhome Portfolio Listed for Sale With Assumable Sub-3.65% Debt

Berkadia is marketing a 98-unit, four-property Tacoma townhome portfolio with sub-3 percent vacancy and fixed-rate assumable loans as low as 3.49 percent, positioning...

Building with sawtooth roof line
FinanceIndustrialIndustry News

TA Realty Affiliate Sells 55,000 SQFT Tacoma Industrial Building for $8.3MM

Still Water LLC pays $8.3MM for a Tacoma distribution building leased to Smith-Western Co. since 1999, county records show.

image of warehouse interior
FinanceIndustrialIndustry News

Davis Property & Investment Secures $12MM Refinance for Center Plaza Industrial Park in DuPont

Life-insurance lender Securian Financial backed Davis Property & Investment's $12 million refinancing of Center Plaza in DuPont, a bet on the multi-tenant industrial...

Aerial view of Tacoma
FinanceIndustry NewsResidential

Ethos Development and Meritus Property Group List 53-Unit Pine Street Townhomes in Tacoma After $1.1MM Renovation Program

A South Tacoma townhome community has come to market backed by three years of renovation data showing double-digit rent premiums, an unusually well-documented...

Vacant land
FinanceIndustrialIndustry News

XTRA Lease Acquires 9.14-Acre Undeveloped Puyallup Site for $9.9MM

The purchase lands in a Pierce County industrial market carrying the Puget Sound region's highest vacancy rate at 12.7 percent, even as the...

Industrial property with red trucks
AECIndustrialIndustry News

Dermody Completes 535,000 SQFT Industrial Project in Frederickson, Formerly Pallis’ Canyon Point Center

A 535,000-square-foot speculative industrial project in Frederickson appears to have wrapped construction, though Dermody Properties has yet to formally announce the delivery of...

Seattle Rail in black and white
CommercialFeaturedIndustry NewsResidential

Washington Commerce Opens Comment Period on Draft Transit-Oriented Development Guidebook

The state has published a draft guidebook intended to walk cities through a zoning mandate few of them asked for but all of...

Port of Tacoma aerial view
IndustrialIndustry NewsLeasing

North Star Glove Company Doubles Tacoma Footprint to 66,000 SQFT in One of Pierce County’s Largest Leases

A 116-year-old Tacoma glove manufacturer is betting on vertical integration over outsourcing, more than doubling its footprint in a historic South End building...

Aerial view of Tacoma
CommercialIndustry NewsLeasingRetail

150,000 SQFT Former Fred Meyer in Tacoma Hits Sublease Market While Kroger’s Lease Runs to 2046

A shuttered South End Tacoma Fred Meyer hits the sublease market even as Kroger's rent obligation to landlord Benderson Development runs through 2046.

fernando-hernandez-azOupDDldt4-unsplash-tacoma
FinanceIndustrialIndustry News

Beverly Hills Investor Buys DEMGY Pacific’s Tacoma Plant for $9.2MM

Pierce County's tightest industrial vacancy backdrop hasn't stopped a Beverly Hills investor from paying $9.2 million for the Tacoma facility that houses DEMGY...

Warehouse with trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy

Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...

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