Tacoma
IPA Negotiates $32M Sale of Apartment Community
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of the Trellis Apartments, a multifamily property… Read more
Tacoma’s Light Rail Extension Fuels Development
The Puget Sound Regional Transit Authority (Sound Transit) recently opened the Hilltop Tacoma light rail extension, a $282.7 million project… Read more
Developer Takes Over Tacoma Modular Tower Project
Charles Cheung, a Los Angeles-area developer, is seeking permits to develop a $70 million, 233-unit project called Star Residence. In… Read more
DPI Signs Two Leases for 408K-SF in Tacoma, Pacific
Davis Property & Investment (DPI), a commercial real estate company specializing in industrial and office real estate throughout Washington and… Read more
Harbor Custom Dev Begins Leasing at Meadowscape Apartments
Harbor Custom Development Inc. is now leasing its Meadowscape apartments in Olympia, Washington. The Tacoma, Washington-based real estate company broke… Read more
Tacoma’s One Pacific Building Sells to Investor for $7M
Tacoma’s 133-year-old One Pacific Building has sold to a Seattle-based investor for $7 million, reported the Puget Sound Business Journal.… Read more
WestRock Plans to Close Tacoma Paper Mill in September
WestRock Company, a global provider of sustainable paper and packaging solutions, will permanently cease operating its paper mill in Tacoma,… Read more
Kidder Mathews Taps Michael Shaheen to Lead Tacoma Asset Services
Kidder Mathews’ Michael Shaheen has been promoted to Senior Vice President and Market Leader. In this role, he will be… Read more
AECOM to Lead Concourse Renovation at Seattle-Tacoma Airport
AECOM, a global infrastructure consulting firm, was selected by the Port of Seattle to lead the S Concourse Evolution at… Read more
Urban Air Adventure Park Opening First Location in Tacoma
Indoor theme park company Urban Air Adventure Park plans to open its first Washington location in Tacoma. The Texas-based franchise… Read more
Scholastic Inc. Lease for 69K SF Brings Salmon Creek Corporate Park to Full Occupancy
Scholastic Inc., one of the world’s largest publishers and distributors of children’s books and educational materials, signed a lease for… Read more
Tacoma Apartments Trade in City’s Second Sizable Deal This Month
The 131-unit Caesar’s Luxury Apartments in the north end of downtown Tacoma has sold for $35.4 million. The Puget Sound… Read more
Bridge Industrial Clears Regulatory Hurdles for Tacoma Project
Chicago-based Bridge Industrial cleared key regulatory hurdles last week for a four-building project in Tacoma with the city’s conditional approval… Read more
Ethos & Lombard Snag Tacoma Multifamily Complex for $17M
The turbulent economy has led to a slowdown on multifamily sales thanks to higher interest rates and the tight credit… Read more
Kidder Mathews’ Matt McLennan Elected to Tacoma EDB
Kidder Mathews Executive Vice President and industrial specialist Matt McLennan, SIOR, CCIM has been elected to the Economic Development Board… Read more
Harbor Freight Tools Inks 783K-SF Lease at FRED310
FRED310, a warehouse/distribution project under construction in the Seattle/Tacoma submarket of Frederickson, WA, has executed a build-to-suit lease totaling 783,000… Read more
Puyallup Tribe Breaks Ground on Tacoma Admin Building
The Puyallup Tribe of Indians has begun developing it’s 18-acre entertainment district next to the $400 million Emerald Queen Casino… Read more
Eastrail Flats Project Secures $66M in Construction Financing
IPA Capital Markets, a division of Marcus & Millichap, has arranged $66.2 million in construction financing for Eastrail Flats, a… Read more
Sage Buys Tacoma Motel, Plans Affordable Housing
A shuttered 142-room American Lodge Motel on South Hosmer Street has been acquired by Kirkland, WA-based Sage Investment Group for… Read more