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Tacoma, Washington, continues to grow as a significant commercial real estate market, driven primarily by robust demand for warehouse and office spaces. TenantBase data highlights that warehouse searches dominate, reflecting Tacoma’s role as a logistics hub due to its proximity to the Port of Tacoma and major transportation corridors. Office and storefront spaces also maintain substantial interest, particularly from professional services and retail businesses.
Tacoma’s economy benefits from its diverse industrial base, strong maritime presence, and ongoing infrastructure improvements such as the I-5 Tacoma Mall Boulevard Interchange Project aimed at enhancing connectivity (Washington State Department of Transportation). The city’s commercial real estate outlook remains favorable, with flexibility in lease terms allowing businesses to adapt to evolving conditions.
Based on TenantBase data, the most active submarkets within the Tacoma area include:
Tacoma commercial real estate remains resilient, driven by strong warehouse and office demand alongside stable retail growth. The city’s strategic location, diverse economic base, and ongoing infrastructure improvements, such as the I-5 Tacoma Mall Boulevard Interchange Project, make it a prime hub for logistics and business development (Washington State Department of Transportation). As the market continues to evolve, companies focused on flexible leasing will find the most success.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
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