Realterm acquires a location in Tacoma, WA, expanding portfolio in Seattle/Tacoma region

Realterm, an independent global investment manager focused on the transportation industry, announced, May 12, 2025, the acquisition of 1955 Lincoln Avenue, a 29-door truck terminal in Tacoma, WA. This acquisition represents Realterm's ninth high flow through (HFT) industrial property in the greater Seattle/Tacoma region, further strengthening the company's presence in this market.

“The Lincoln Avenue property is an exceptional addition to our portfolio due to its prime location within the Port of Tacoma, efficient layout and strategic position in one of the nation's most robust industrial real estate markets,” said Stephen Panos, Managing Director, Senior Fund Manager at Realterm. “The Seattle market demonstrates strong long-term fundamentals with high barriers to entry, limited developable land and sustained demand from major employers and logistics operators.”

The property includes an 8,600-square-foot warehouse and 1,100 square feet of office space situated on 2.4 acres of fully paved, lit and secured land. The truck terminal features 29 dock doors with a grade-level loading ramp, and its efficient geometry provides additional space for trailer parking, making it highly functional for logistics users.

Strategically located in the Port of Tacoma's Heavy Haul Industrial Corridor, which permits vehicles weighing up to 98,000 pounds, the property offers immediate access to the Port of Tacoma shipping terminals and the Union Pacific Intermodal facility. Its proximity to I-5 and SR-167 provides convenient access to the Kent Valley, Port of Seattle and downtown Seattle.

“The region's dense population, high-income demographics, presence of major employers including Amazon, Boeing, Tesla, Seagen, and Blue Origin, coupled with its top ten U.S. port system, creates sustained demand for high flow through facilities,” said Jack Falk, Associate Vice President, Investments, Realterm. “As we continue to expand our presence in supply-constrained markets with strong fundamentals, this property represents another well-positioned investment in our growing Washington state portfolio.”