Tacoma
Smaller Unit Sizes at Emerald Bay Creates Affordability
Construction has commenced on Emerald Bay Apartments, an 82-unit multifamily project located at 1624 E 32nd St. in Tacoma, with… Read more
Senior Living Owner’s Hands-On Approach Exceeds Averages
Ownership for one senior housing asset in particular has adjusted to the challenges brought on by the pandemic, resulting in… Read more
Sea-Tac Airport Goes All In With Air Cargo
Pre-pandemic, a typical year at Sea-Tac airport had more leisure than business travel, with nine straight years of record-setting passenger… Read more
MCA Realty Enters Puget Sound Metro with First Acquisition
MCA Realty acquired Lakewood Business Park, a 136,350-square-foot multi-tenant industrial asset in Lakewood for $18.2 million. The deal marks the… Read more
Bridge Buys 117-Acre Site for 1.9M-SF Logistics Corridor Development
Chicago-based Bridge Development Partners acquired 117 acres in Milton with plans to develop Bridge Point I-5 Seattle, a four-building, 1.9-million-square-foot… Read more
Seattle Port Commission Approves $3.7B Capital Improvement Plan
Port of Seattle Commissioners approved the 2021 budget and five-year, $3.7 billion capital improvement plan to support an equitable, rapid,… Read more
McBride Delivers $19M in Financing for Tacoma Asset
McBride Capital secured $19,000,000 in bridge financing for the acquisition of The Tacoma Rhodes Center in Tacoma. The acquisition included… Read more
CenterPoint Properties Claims Auburn & Tukwila Facilities
Oak Brook, IL-based CenterPoint expanded its Puget Sound portfolio with the addition of a pair of industrial facilities for roughly… Read more
Pair of Puyallup Industrial Buildings Trade in 1031 Exchange
A pair of industrial buildings in the Puyallup market traded hands in a transaction valued at $11.9 million. The acquiring… Read more
Kidder Mathews Executes Off-Market MF Deal in Tacoma
Bayside Garden Apartments, a 63-unit multifamily property in downtown Tacoma’s historic Stadium District, traded hands for $11.9 million. The buyers… Read more
Duke Developing Spec Facility in Kent Valley Logistics Corridor
Duke Realty is constructing Duke Sumner Logistics Center, a new 190,042-square-foot logistics warehouse on a redeveloped 9.01-acre site in Sumner.… Read more
CenterPoint Claims Kent Distribution Center for Nearly $45M
Oak Brook, IL-based CenterPoint Properties acquired a distribution facility at 19826 Russell Rd. in Kent from an entity related to… Read more
Marcus & Millichap Brokers $28M Tacoma MF Sale
Westminster Towers, a 139-unit multifamily complex in Tacoma, traded hands for $28 million, which translates to $201,439-per-unit. The apartment community… Read more
Where to Find Some of the Best Opportunity Zone Opportunities
A widespread group of mostly-impoverished, densely-packed urban neighborhoods offers some of the best potential for Opportunity Zone investment, according to… Read more
Retail Imports Expected to Hit Lowest Annual Level in 4 Years
Imports at major U.S. retail container ports during 2020 are expected to drop to their lowest total in four years… Read more
MedCore, TNRG Buy Seven-Market Seniors Housing Portfolio
Dallas-based MedCore Partners and Houston-based The National Realty Group, together with BMO Harris Bank and Locust Point Capital, acquired a… Read more
Global Pandemic Continues to Drag Down Seattle-Area Cargo Volumes
The economic fallout from the global coronavirus pandemic continues to disrupt supply chains across the country and around the world.… Read more
Unico, Pinnacle JV Launches $60M Historic Tacoma Tower Conversion
Unico Properties and joint-venture partner, Pinnacle Partners, are undertaking a $60-million renovation of the historic 18-story Washington Building in downtown… Read more
Spokane’s Franklin Medical Center Sells for Nearly $7M
Tacoma-based Loran Hendrickson/Hendrickson Parkview, LLC acquired a 36,319-square foot multi-tenant medical office property in Spokane, WA for nearly $7 million.… Read more