South Sound
Undisclosed Tenant Takes 55,000 SQFT on Kent’s 87th Avenue South as Mid-Size Industrial Space Outperforms Big Boxes
An undisclosed tenant has leased 55,200 square feet at 19820-20024 87th Ave. S. in Kent, a mid-size Kent Valley commitment in a size...
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...
Tourmaline Capital Acquires 384,000 SQFT South Sound Center in Lacey for $44.1MM
Tourmaline Capital paid $44.1 million for the Trader Joe's-anchored Lacey shopping center, ending Capital Development Company's roughly 60-year ownership and betting that Puget...
100-Room Western Inn in Lakewood Trades for $8.2MM
GDS 1 Group LLC has acquired the 100-room Western Inn in Lakewood for $8.2 million, adding an economy-segment property to the steady run...
40-Unit Legacy Ridge Apartments in Tacoma Trades for $8.65MM
A brokerage team closed a Tacoma apartment sale within three days of winning the listing, before the property was ever formally brought to...
Lacey’s 54,000 SQFT Martin Way Business Park Trades for $9.1MM After Two-Week Bidding War
A Lacey flex-industrial park drew a bidding war and closed all-cash in under two weeks, a reminder that scarce, well-maintained South Sound product...
Seattle-Based Entity Sells $22.5MM Residential Portfolio in Buckley
A $22.5 million residential sale in Buckley is landing near the top of Pierce County's pricing range, in a submarket where investment volume...
Ashley Furniture Pays $33.9MM for 202,000 SQFT Tacoma Warehouse
Ashley Furniture’s $33.9 million purchase of a two-year-old Kurv Industrial building pulls a rare block of Class A space off Pierce County’s market...
Larson Automotive Affiliate Pays $11.3MM for Infiniti of Tacoma at Fife Dealership Property
A Larson Automotive Group affiliate paid $11.3 million for the Infiniti of Tacoma at Fife dealership property, records show.
Centerforce Buys Historic Bone Dry Shoe Building for $2.495MM as New Tacoma Headquarters
Centerforce Establishes Tacoma Headquarters with Purchase of Historic Bone Dry Shoe Building July 15, 2026 (Tacoma, WA) - Centerforce has acquired the historic...
Serta Simmons Renews 273,000 SQFT Puyallup Plant, the Largest Puget Sound Industrial Lease of Q2
Serta Simmons Bedding has renewed 273,000 square feet at its Puyallup mattress plant, the largest industrial lease transaction recorded anywhere in the Puget...
Tacoma Lands $7.6MM Federal BUILD Grant to Advance $263MM Fishing Wars Memorial Bridge Replacement
The City of Tacoma has secured a $7.6 million federal BUILD grant to fund environmental analysis and final design of a new Fishing...
