Pierce County
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...
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...
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...
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...
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...
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...
Link Logistics Sells 225,800 SQFT Industrial Property in Fife for $40.2MM
225,800-square-foot LogistiCenter at 167 traded at $178 per square foot An industrial property in Fife has traded hands, showing that investors continue to...
Invesco Acquires 187-Unit Harvest Gate Mobile Home Park for $27.4MM in Puyallup
The deal between two institutional heavyweights underscores continued investor appetite for manufactured housing communities in the Puget Sound region An entity affiliated with...
Washington State Posts $903.7 Billion GDP as King County Commands Nearly 60% of Economic Output
The Evergreen State’s Q3 2025 growth of 3.4 percent trails the national rate, but its tech-driven Puget Sound corridor continues to anchor one...
