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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...

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...

Facade of an apartment building
FinanceIndustry NewsResidentialRetail

50-Unit Town Centre Village Apartments Trades for $9.1MM in Lakewood

TCV Lakewood LLC’s $182,000-per-unit purchase of the 50-unit Town Centre Village Apartments marks one of the pricier Pierce County multifamily trades of the...

Port of Tacoma aerial view
FinanceIndustrialIndustry News

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...

Facade of an apartment building
FinanceIndustry NewsResidential

Timberlane Partners Secures $52MM Refinancing Loan for 162-Unit Apartment Complex in Sumner

Mesa West Capital provided Timberlane Partners a $52 million first-mortgage loan to refinance the 162-unit Sumner Mill Apartments, capitalizing on the property’s rapid...

warehouse
IndustrialIndustry NewsLeasing

Capital Lumber Signs 126,000 SQFT New Industrial Lease in Puyallup/Sumner

Capital Lumber, one of the West’s largest wholesale distributors of building materials, has committed to 125,837 square feet of industrial space in Puyallup/Sumner,...

Warehouse with trucks
AECFeaturedIndustrialIndustry News

Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market

A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...

industrial site
AECIndustrialIndustry NewsLeasing

Odom Corporation Pre-Leases 250,000 SQFT at Tarragon’s SeaPORT Logistics Center in Sumner, Consolidating Two Northwest Facilities

The Odom Corporation, the Bellevue-based beverage distributor, has pre-leased 250,000 square feet at Tarragon’s SeaPORT Logistics Center in Sumner, anchoring a newly delivered...

aga-adamek-9OfBsfty2x4-unsplash-self storage
FinanceIndustrialIndustry News

Extra Space Storage Buys 144,000 SQFT Self-Storage Facility in Puyallup for $18.4MM

Extra Space Storage’s wholly owned Puyallup purchase stands out against a year defined by joint-venture deal-making. The nation’s largest self-storage operator has added...

industrial site
FeaturedIndustrialIndustry NewsLeasing

Puget Sound Industrial Vacancy Climbs Across All Submarkets, But Deal Flow Signals Tenants Have Stopped Waiting

Vacancy rates rose across South Seattle, Greater King County and Pierce County in the latest 60-day reading of the Puget Sound industrial market,...

warehouse facade
AECIndustrialIndustry NewsLeasing

KG Investment Properties Completes 705,680 SQFT Building B at Sumner’s Pacific NW Logistics Center

KG Investment Properties has completed the larger of two speculative warehouses at its 82-acre Pacific NW Logistics Center in Sumner, handing Colliers more...

apartment building
AECIndustry NewsLeasingResidential

Rush Commercial, Dobler Management Open 128-Unit Fryar Flats in Downtown Sumner

Rush Commercial Construction and owner-operator Dobler Management Company have completed and opened Fryar Flats, a six-story, 176,185-square-foot mixed-use community in downtown Sumner that...

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