Adjacent to the University of Washington Tacoma campus, the Property offers access to over 5,300 students and staff. Walking distance to Downtown Tacoma, the Property benefits from its proximity to a growing list of excellent restaurants, breweries, bars and shopping options.
An eight-minute walk from Tacoma’s Link Light Rail, the Tacoma Town Center Development site offers connectivity to the Stadium District, Hilltop, Downtown Tacoma and the Tacoma Dome. From the Tacoma Dome, commuters can connect to Seattle via the Sounder Heavy Rail or numerous other locations via bus.
The Property’s convenient location offers easy access to the region’s largest employment centers as well as some of the region’s best outdoor amenities including Wright Park, Point Ruston, and Point Defiance Park, Zoo & Aquarium. With a limited forward development pipeline, an improving demographic base, strong employment and historically tight submarket vacancy, the developer of the Tacoma Town Center Development is poised to benefit from continued outsized rent growth.