Lee & Associates Brokers Largest Pierce County Office Lease of 2024
DUNGARVIN RELOCATES TO RIGHT-SIZE POST-COVID OPERATIONS AND ENHANCE SERVICE REACH IN TACOMA WITH NEW 18,296 SF LEASE
![1305 Tacoma Avenue 1305 Tacoma Avenue](https://www.lee-associates.com/northwest/wp-content/uploads/sites/74/2024/07/20240111_200856971_iOS-edited-e1720718393751.png)
July 11, 2024 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the lease of 1305 Tacoma Avenue, located in Tacoma, WA on behalf of their clients, 1305 Tacoma Building LLC and Dungarvin Washington Supported Living, LLC.
Dungarvin signed a lease for 18,296 SF at 1305 Tacoma Avenue starting October 1, 2024. It will be relocating from 20,150 SF at its current location, 8815 South Tacoma Way in Lakewood, WA. This is the largest Pierce County office lease signed in 2024.
“We were looking to right-size our operations post-COVID” said Brent Aberg, a Regional Director for Dungarvin. “The new location is also closer to more individuals who require our services. With the support of a responsive owner, 1305 Tacoma Avenue creates a fresh, new space for our organization from which we can continue to grow our services in Pierce County and the surrounding area.”
Harrison Laird and John Bauder, partners at Lee & Associates, represented both the landlord and the tenant and noted, “We’ve seen this trend play out over the past 18 months, companies seeking to right-size their office space needs are targeting buildings in great locations with amenities and attentive landlords.”
The ownership group of 1305 Tacoma Avenue is affiliated with J Squared Investments, Tacoma’s largest office landlord, who currently owns and manages over 550,000 square feet of office space in Tacoma. “We have adapted to the changing office market, bringing best-in-class service, offerings, and amenities to our new and existing tenants” noted Emily Maier, Portfolio Manager for J Squared Investments. John Bauder went on to say that, “J Squared’s tenant-first approach to transactions and property management has led to its success in the Tacoma office market.”
Harrison Laird and John Bauder of Lee & Associates represented the Landlord; Harrison Laird and John Bauder of Lee & Associates as well as Robert Lindahl of Robert Lindahl Realty, Inc. represented the Tenant.
ABOUT DUNGARVIN
Dungarvin provides services to over 6,500 individuals with intellectual and developmental disabilities in more than 3,400 locations across 15 states. Unique among large providers, Dungarvin has chosen not to operate large facilities; their primary emphasis is on person-centered supports through Medicaid Home and Community-Based Waiver programs. In addition to residential supports, Dungarvin provides day services, supported employment, supported foster care, Host Homes, case management services, children’s services, respite care, supports for traumatic brain injury and transitional services.
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.