TACOMA, WA (November 1, 2024) — Lee & Associates announced today that 1102 Broadway has reached 100% occupancy following seven new lease signings in the past six months, highlighting strong demand for premium office space in downtown Tacoma's thriving market.

The latest wave of leasing activity includes the highly anticipated relocation of the popular dining and happy hour spot, Wooden City, which will occupy prime street-level space. Additional new tenants include Fox Ballard PLLC, environmental and construction firm Brown and Caldwell, Rise Up Marketing, First Choice In-Home Care, among others.

Lee & Associates Principals Harrison Laird and John Bauder, leasing brokers for the J Squared portfolio of buildings, attribute the property's success in large part to J-Squared Property Management's premier amenity package and hands-on management approach.

"The rapid lease-up of 1102 Broadway demonstrates the continued flight to quality we're seeing in the market," said Laird. "Tenants are actively seeking buildings that offer superior amenities and management, particularly as their pre-COVID leases expire."

The strong leasing momentum at 1102 Broadway reflects Tacoma's broader market strength. Recently, Moody's ranked Tacoma as the third-strongest submarket in the nation, underscoring the city's appeal to businesses and investors alike.

"Tacoma continues to distinguish itself as a bright spot in the Puget Sound region’s office market," added Bauder. "The appeal of Tacoma’s location and accessibility, combined with its compelling value proposition continue to drive growth.”

ABOUT LEE & ASSOCIATES

Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Instagram, and Link, our company blog.