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Renting Commercial Office Space in Tacoma

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:

• Downtown Tacoma: Central business district with office and coworking spaces.
• Port of Tacoma: Industrial and warehouse hub.
• South Tacoma: Growing retail and light industrial area.
• Lakewood: Suburban office and retail developments.
• Fife: Industrial parks and distribution centers.

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.

 

Fife 2523

4,213 SF

$4,800 /mo

Warehouse

 

Evergreen Industrial Business Park

2,234 – 5,000 SF

$2,700 – $6,000 /mo

Warehouse

 

South Pine Street

2,700 SF

$3,200 /mo

General

 

*NEW Suite Added* 3 Office/Retail Units Available at Town Centre Village - Fantastic Location

1,236 – 1,780 SF

$1,100 – $2,100 /mo

Storefront

 

Centrally Located Lakewood Office/Retail Spaces

1,236 – 4,099 SF

$13,600 – $57,400 /mo

Storefront

 

Oakbrook Plaza

886 – 4,795 SF

$900 – $4,800 /mo

Storefront

 

S Hill Park Drive

6,502 – 34,698 SF

$6,500 /mo

General Medical

 

Valley Avenue Northwest

4,500 – 37,996 SF

$0 /mo

 

Lakewood Business Park - Building A

6,388 SF

- /mo

Flex

 

Steele Street Business Park

5,880 SF

$6,800 /mo

Warehouse

 

2310 - 2314 Commerce

19,000 SF

- /mo

General

 

- 2628 S Tacoma Way

1,500 SF

$1,500 /mo

Storefront

 

James Center

1,400 – 2,952 SF

- /mo

Storefront

 

South Cedar

10,410 – 11,222 SF

$14,000 /mo

Flex Storefront

 

RETAIL at FRED MEYER TACOMA

1,825 SF

- /mo

Storefront

Tacoma Neighborhoods

• Q4 2025