Tacoma
Puget Sound Industrial Market Faces Rising Vacancies Amid Rightsizing Trends
The Puget Sound industrial real estate market closed 2024 with a mixed performance, contending with rising vacancy rates and continued adjustments from tenants....
Davis Property & Investment Buys 108,500 SQFT Warehouse in Tukwila for $20.3MM
By Kate Snyder A warehouse property in Tukwila now has a new owner. According to King County public property records, an industrial site...
Seattle Office Market Shows Signs of Stabilization Amid Economic Challenges, but Long-Term Recovery Remains Uncertain
The Seattle-Tacoma-Bellevue metropolitan area has experienced a mixed economic landscape in 2024, with some sectors showing resilience while others, particularly the information sector,...
Prologis Gears Up for $50MM Redevelopment at Port of Tacoma
A 204,000-square-foot structure at the Port of Tacoma is set to be redeveloped as Prologis plans a $50 million overhaul. This real estate...
Puget Sound Industrial Market Update: Leasing, Vacancy, and Developments in Q4 2024
In the fourth quarter of 2024, the Seattle and Puget Sound industrial, commercial real estate (CRE) market exhibited nuanced dynamics shaped by regional...
City of Tacoma Secures Over $10.6MM in Grants for Critical Infrastructure Projects
TACOMA, Wash. – The City of Tacoma has been awarded a total of $10,627,945 in grant funding for six needed infrastructure projects across...
World Cup LOC Announces Additional Fan Zones Across Washington
SEATTLE, WA – The Seattle FIFA World Cup 26TM Local Organizing Committee (SeattleFWC26) announced today that they will be partnering with nine locations...
148-Unit Entitled Park Avenue Commons in Parkland, Wash. Hits the Market for $4.75MM
A 148-unit fully entitled residential development, Park Avenue Commons is now available for sale at $4.75 million, or roughly $32,000 per unit. This...
Extra Space Storage Buys 160,000 SQFT Self-Storage Property in Federal Way for $25.1MM
By Kate Snyder Another storage property in the Puget Sound region has a new owner. The asset, located in Federal Way, traded for...
53-Unit 23 Broadway Apartments Open in Tacoma’s Stadium District
A new chapter in Tacoma’s Stadium District is unfolding with the opening of 23 Broadway Apartments. Located at 23 North Broadway, just three...
Kidder Mathews Awarded Nearly 1MM SQFT Industrial Portfolio Assignment for Cabot Properties in Washington
Seattle, Wash. (December 18, 2024) – Kidder Mathews Asset Services has been selected to manage a portfolio of eight industrial assets totaling 984,218...
PCBP Properties Buys 80,000 SQFT Industrial Property in Puyallup for $12.55MM
Seattle, WA – December 17, 2024 – CBRE announced today the sale of an 80,150-square-foot industrial property located at 403 N Levee Road...
