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Seattle & Northwest  + Seattle  + Office  |  October 8, 2025
Jasmine Kilman
By: Jasmine Kilman

34K-SF James Center Plaza Office Property in Tacoma Sells

Marcus & Millichap has brokered the sale of James Center Plaza, a 34,272-square-foot office property located in Tacoma, Washington. The asset sold for $8.645 million.

Michael Babicz and RJ Vara, commercial investment specialists at The Vara Group of Marcus & Millichap’s Seattle office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

James Center Plaza is located at 1628 South Mildred Street in Tacoma, Washington. The property features eight medical-dental tenants, all under NNN lease terms with staggered lease expirations. Over 1,300 multifamily units are under construction in the immediate area, with an additional 3,700 units proposed within a five-mile radius, making this investment a well-located and primary medical provider for current and future nearby residents.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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