Spanaway
Amazon Clears 3.3MM SQFT From South Sound as Vacancy Climbs Toward 10%
One tenant is propping up first-half absorption while the rest of the Puget Sound industrial market waits out a costly, oversupplied cycle. Amazon...
Muckleshoot Indian Tribe Pays $5.5MM for 16,700 SQFT Former Rite Aid at Puyallup’s Canyon Road Corner
A vacated big-box drugstore in Pierce County has changed hands at a price that reflects sustained demand for well-located suburban retail real estate...
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...
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...
Seattle-Tacoma Multifamily: A Surge in Affordability and Investment Amidst Record Household Growth
The Seattle-Tacoma metro area is experiencing a significant transformation in its real estate market as 2024 unfolds, characterized by an unprecedented increase in...
Exeter Property Group Pays $76.5MM to Bring on Equity Partners for Two Puget Sound Industrial Sites
By Meghan Hall As the Puget Sound continues to grow, equity partnerships have become popular amongst investors who wish to grow their portfolios...
24,064 SQFT Office Building in Spanaway Sells for $2.4MM
SPANAWAY– Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today...
