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Real Estate Buzz
 Brian Miller Real Estate Editor |
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March 24, 2022
On the Block: Rhodes Center anchors an $80M Tacoma portfolio
Formerly the law school for the University of Puget Sound, a three-building complex in downtown Tacoma was rebranded in 2001 as Tacoma Rhodes Center. The complex was once home to Rhodes department store.
The state bought the three buildings in 1996 and, in a previously unreported December 2020 deal, sold them for over $19.5 million to Rhodes Center Partners and Astute Properties. Those Portland LLCs are associated with investors Jeff Mincheff and Garry Vallaster, of Vallaster & Corl Architects.
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