Retail space topped real estate investors list of the most sought-after properties in Pierce County last year and with a Chinese developer's $135 million proposition for a U-Village type space in Tacoma, that trend could continue into 2016.
The Puget Sound Business Journal's List of the Top 25 Real Estate Deals in Pierce County spotlights more than $224 million in deals for retail space - out of a total of $789.5 million for the county.
The largest deal of the year, however, went to The Fairways, a multifamily apartment complex at 4602 45th Ave. N.W. in Tacoma. The property sold for $81 million on Oct. 30.
How did the deals stack up?
1. The Fairways, Tacoma, $81 million
2. 1416 Lake Tapps Parkway, Auburn, $60.21 million
3. Mid-Valley Resources, Eatonville, $51.7 million
4. ORM Timber, Graham, $47.88 million
5. Sumner Distribution Center, Sumner, $41.73 million
The List ranked deals by sale price with information from Kidder Mathews, First American Title and Insurance Co. and public documents.
For the entire list of Pierce County's real estate deals, including the names of the buyers and sellers, see the March 18 print and online editions of the Puget Sound Business Journal.
The full lists are available only to subscribers. Subscribers can view the entire list online.
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