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June 28, 2022 (Bellevue, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the disposition of Park Place Auto Salon, a 36,100 square foot site with a 28,392 square foot building currently operating as a full-service auto salon, to a subsidiary of Sabey Corporation*, on behalf of their client, MRM Capital. The Park Place Auto Salon, situated in the Bel-Red Corridor just minutes from downtown Bellevue, transacted at $15,000,000.00.  Occupied…

SEATTLE, WA— Sean Durkin specializes in the leasing, sales, and asset management of industrial, office, and retail properties in King and Pierce County. As Lee & Associates Principal with an in-depth background and education in brokerage, ownership and construction, Durkin offers a diverse skill set, strong work ethic and creating thinking to his clients. He entered the profession at an early age, becoming partial owner of an industrial building at age 15; the proceeds to…

April 28, 2022 (Tacoma, WA) – On the market for the first time in decades are the Tacoma Super Block and the 12th & A Street property, two premier development sites in downtown Tacoma’s commercial core. John Bauder and Harrison Laird of Lee & Associates Commercial Real Estate Services have been retained to represent the owner in the disposition. Known as the Tacoma Super Block, the larger of the two sites is nearly 2 acres and two…

March 31, 2022 (SEATTLE, WA) – Heading into the second quarter of 2022, the multifamily market in Seattle looks poised to continue its upward trajectory, building off of a still-recovering market in 2021. Lee & Associates, the largest broker-owned commercial real estate firm in North America, recently released its report titled “Multifamily Investment Review 2022,” which provides an overview of Seattle’s multifamily market in 2021 and discusses various factors including key economic trends, rental demand…

March 24, 2022, Tacoma – Tacoma’s downtown office market appears to be gaining momentum and Pierce County is the latest entity to hop in. The county bought the former Davies Pearson law office building at 920 Fawcett Ave. and plans to move staff from the Prosecutor’s Office into the space by late summer or early fall. The county purchased the 21,000-square-foot building last week for $4.2 million, according to public records. The neighborhood is home…

March 22, 2022, Tacoma – Rhodes Center’s newest tenant, Anchor QEA, is now set to occupy +/- 6,000 SF of office space once their build-out is completed this summer.  Anchor QEA is a recognized leader in design and management of nearshore- and aquatic-based projects, offering innovative and cost-effective technical solutions to address unique challenges and implement sustainable solutions. Additionally, Kelly’s Olympian, the third oldest continuously open and operated bar/ restaurant in Portland, is bringing their…

For more information, please contact: Jim Bowles, SIOR President | Principal O  (206) 624-2424 jbowles@lee-associates.com

March 4, 2022 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to announce that the Wedge Building at 4733 Tacoma Mall Boulevard, has been sold to King Lasik/K2 Vision as their latest expansion in the Puget Sound area.  Doors opened to their new top-floor vision center on March 1st, following the closing of the $5.5M transaction in December.  The off-market sale of the 10,546 SF building was at $522 per square…

February 15, 2022 (TACOMA, WA) – Northwestern Mutual Life Insurance Co. has signed a 15,000-square-foot lease for office space in Tacoma’s tallest tower. The 25-story 1201 Pacific building, previously called Wells Fargo Plaza, is owned by Seattle-based Unico Properties. The 1970 tower has 327,000 square feet, including more than 27,000 square feet currently available for rent, in addition to the space taken by Northwestern Mutual…There was no office space in all of Pierce County currently under…

February 16, 2022 (Seattle, WA) – Lee & Associates Commercial Real Estate Services, is pleased to announce the addition of Chris Reid to its Bellevue office. “With over 30 years of commercial real estate brokerage experience in the Puget Sound region, Chris has distinguished himself as one of the most consistent and knowledgeable commercial brokerage professionals in the area” commented Jim Bowles, President of Lee & Associates | Pacific Northwest. Chris has been involved in…