City: Tacoma

Commercial Real Estate Direct Staff Report An affiliate of Ashley Furniture has paid $33.9 million, or $165.03/sf, for the 205,413-square-foot Bridge Point Tacoma 210 industrial property in Tacoma, Wash. The home furnishing company acquired the property from its developer, Kurv ...

Puget Sound Business Journal Ares Management has paid $55 million, or $222.77/sf, for Tacoma Central Logistics, a 248,000-square-foot industrial property in Tacoma, Wash. The Los Angeles investor acquired the property, at 1950 State St., from its developer, Davis Property & ...

Mesa West Capital has provided $52 million of mortgage financing against the 162-unit Sumner Mill Apartments in Sumner, Wash., which is roughly 15 miles southeast of Tacoma, Wash. BWE arranged the short-term loan. Timberlane Partners of Seattle developed the apartments ...

Dwight Mortgage Trust has provided $44 million of short-term financing against two recently completed properties with 244 units in Seattle and Tacoma, Wash. The bridge loan, funded before the properties received their certificates of occupancy, allows their developer—Bode of Seattle—to ...

Commercial Property Executive  Logistics Property Co. has broken ground on the 604,000-square-foot Fords Prairie Industrial Park in Centralia, Wash. The Chicago investment manager is building the property at 2717 Harrison Ave., about 50 miles south of Tacoma, Wash.   It will ...

Puget Sound Business Journal Dermody Properties has broken ground on LogistiCenter, a 535,148-square-foot industrial property in Tacoma, Wash. The Reno, Nev., developer is constructing the two-building property on a 40.9-acre development site at 17027 to 17028 Canyon Parkway East, about ...

Interstate Equities Corp. has paid $43 million, or $173,387/unit, for two neighboring apartment properties with a combined 248 units in Tacoma, Wash. The Los Altos, Calif., investment firm bought the 80-unit Sienna, at 10600 to 10724 16th Ave. South; and ...