Pierce County
Seattle’s Expense Discipline Pays Off: Essex Cuts Operating Costs 3.4% and Drives 4.9% NOI Growth
The Pacific Northwest delivered Essex Property Trust's largest expense reduction of any region in Q1 2026, leveraging modest 2.3 percent revenue growth into...
Tacoma’s Missing Middle Bet Pays Off: Permits Jump 39%, Units Surge 62% in First Year of Rezone
Home In Tacoma is producing density gains even as building permits across the broader Seattle-Tacoma-Bellevue region fall 17.3 percent year-over-year — a divergence...
Puget Sound Industrial Vacancy Climbs to 9.71% as Market Enters Period of Controlled Digestion
Cap rates rise, sales volumes contract, and tenants secure flexible deal structures as 7.39MM SQFT of new supply works through the system. The...
Pacific Northwest Industrial Pipeline Contracts to 4.79MM SQFT as Developers Pull Back
Construction starts have slowed sharply across the I-5 Corridor, but a heavy slate of Q2 and Q3 2026 deliveries will keep pressure on...
Pacific Forest Products Lands 85,000 SQFT Lease at Fortress-Owned 2005 Fryar Avenue in Sumner
The South Valley deal lands as Pierce County industrial vacancy climbs to 12.2 percent and landlords compete harder for occupancy. A wholesale forest...
Amazon Spends $220MM on Ashley Furniture’s 1.1MM SQFT Distribution Complex and Parcels in Spanaway
The e-commerce giant's purchase of the purpose-built logistics campus ranks among Pierce County's largest commercial real estate transactions and signals renewed appetite for...
Lennar Affiliate Pays $14.3MM for Multiple Lots at 320-Acre Uplands Master-Planned Community in Puyallup
The lot purchase by OHC Lennar Pool I LLC from the Seattle-based master developer's land entity advances the next phase of home construction...
Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%
The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle's recovery timeline further out than the national average....
Puget Sound Industrial Market Faces Mounting Headwinds as Vacancy Climbs to 9.3% in Q1 2026
Trade disruptions, declining port volumes, and cautious occupier demand are weighing on the region's industrial fundamentals, though pockets of strength in Pierce County...
Kirkland Pushes Sound Transit to Preserve Line 4 Light Rail Amid $34.5 Billion Funding Shortfall
The Eastside city warns that an indefinite deferral of the voter-approved project would leave significant mobility needs unmet for decades. The City of...
Ameresco Delivers $7.8MM Infrastructure Upgrade for Tacoma Public Schools to Enhance Energy Efficiency
Progressive Design-Build project modernizes HVAC systems at a historic learning facility, improving efficiency and long-term cost-savings for the local community Ameresco delivers a...
Seattle Retail Market Holds Steady in Q1 2026 as Vacancy Creeps Higher and Tenants Grow More Selective
Stable rents and disciplined construction are keeping Puget Sound retail fundamentals intact, but negative net absorption and cautious leasing point to a market...
