Kaysey Anderson Tri-Cities Commercial Real Estate

Kaysey Anderson Tri-Cities Commercial Real Estate Commercial Real Estate Broker serving the Tri-Cities (Richland, Kennewick, Pasco).

Helping business owners, investors, and developers find the right space to grow.

Washington State Commerce publishes a lot of useful data for business owners and property investors. One thing that matt...
07/29/2026

Washington State Commerce publishes a lot of useful data for business owners and property investors. One thing that matters more than people realize: understanding the tax and incentive environment when you're making a commercial real estate decision.

Washington has no corporate income tax or capital gains tax on investment property sales. That's meaningful when you're comparing the Tri-Cities to other states.

There are also state and local incentive programs tied to industry, job creation, and location. Worth exploring if you're buying, leasing, or expanding.

If you're considering a move or investment in the Tri-Cities, let's talk about what tools might apply to your situation.

Here's something most Tri-Cities property owners haven't noticed yet: your city is about to rewrite its zoning rules.Sta...
07/28/2026

Here's something most Tri-Cities property owners haven't noticed yet: your city is about to rewrite its zoning rules.

Starting in 2026, Kennewick, Richland, Pasco, and other Eastern Washington cities are rolling out mandatory comprehensive plan updates—and they're writing in state housing and mixed-use rules you need to know about.

HB 1042 is the big one for commercial properties. It makes it way easier to add housing to commercial buildings (fewer parking rules, more density allowed). That changes what your commercial space is worth and who wants to lease it.

These updates happen every seven years, but the rules changing right now are different. They're statewide mandates coming from Olympia, not local preference.

If you own commercial or mixed-use property, now's the time to understand how this affects your building's value and lease-up potential—before the formal updates hit.

When you lease office space, the square footage number isn't always what it seems.You pay for the space you use (usable ...
07/27/2026

When you lease office space, the square footage number isn't always what it seems.

You pay for the space you use (usable SF) plus your share of hallways, restrooms, lobbies, and mechanical rooms (the load factor).

Example: A 2,000 SF office at $16/SF sounds like $32,000/year. But with a 15% load factor, you're really renting 2,300 SF — that's $36,800/year.

Always ask for both numbers before you sign. The rent comparison that looks best on paper might surprise you when the load factor hits.

If you're shopping for space in Kennewick, Richland, or Pasco, let's talk.

Port of Benton just secured $11.9 million to rebuild the rail infrastructure serving North Richland's industrial park --...
07/15/2026

Port of Benton just secured $11.9 million to rebuild the rail infrastructure serving North Richland's industrial park -- $9.5 million from a federal grant, $2.4 million from the Port itself.

The project replaces about 10,000 rail ties, rebuilds a key section of track, and adds signal upgrades. Construction is expected to start in late 2026 and run about two years. The Port's own engineering manager called it one of their largest projects ever.

They're also chasing a separate federal grant to extend rail spurs further into the industrial park, specifically to attract new tenants.

If you're watching industrial real estate on the Richland side of the Tri-Cities, this is the infrastructure story to know. Reach out if you want to talk through what it means for your property or search.

Here's something worth knowing if you own commercial property in the Tri-Cities: "deal volume" isn't one number, and rig...
07/14/2026

Here's something worth knowing if you own commercial property in the Tri-Cities: "deal volume" isn't one number, and right now the sectors are moving in opposite directions.

Through April 2026, industrial transactions are down 57% from this time last year -- just 6 closings versus 14. Meanwhile office and retail closings are both up, and land sales (still about 85% of all commercial deals here) are holding close to last year's pace.

Total transaction count looks flat on the surface. But if you're in industrial, this is a much thinner market than it was a year ago. If you're in office or retail, buyers are more active than last year.

Curious what this means for your property or your next move? Let's talk specifics.

You found a space you like. Now what? Before you sign that lease, here's what actually matters.Traffic counts—how many c...
07/13/2026

You found a space you like. Now what? Before you sign that lease, here's what actually matters.

Traffic counts—how many cars pass daily. Visibility from the street. Parking ratio—do you have enough? Zoning—is your use allowed? Co-tenancy—who's next to you?

And one that surprises people: walk it at the hour your customers actually show up. Same corner looks different at 8 a.m. versus 5 p.m.

The rent is the easy part. The location is the one you live with for five years.

Curious about site selection in the Tri-Cities? Let's talk through it.

MLS # 293566 — Commercial Lot For Sale | Downtown Pasco, WA0.16 acres, C-1 zoning. Redevelopment or owner-user opportuni...
07/03/2026

MLS # 293566 — Commercial Lot For Sale | Downtown Pasco, WA

0.16 acres, C-1 zoning. Redevelopment or owner-user opportunity. $199,000.

Kaysey Anderson | SVN Retter & Company
509-940-7865 | [email protected]

New Listing — End Cap Retail Space in Richland, WAMLS # 294343- 891 SF end cap unit now available for lease at WinCo Pla...
07/03/2026

New Listing — End Cap Retail Space in Richland, WA

MLS # 294343- 891 SF end cap unit now available for lease at WinCo Plaza — one of the Tri-Cities' busiest retail corridors. Co-tenants include WinCo Foods and Starbucks, with approximately 38,000 daily vehicles on George Washington Way.

Rate: $23.00/SF NNN. Available now. Contact to schedule a showing.

Kaysey Anderson | SVN Retter & Company
509-940-7865 | [email protected]

Retail cap rates dropped 84 basis points last year — from 7.20% to 6.36% nationally, according to CRED iQ.That is a real...
07/01/2026

Retail cap rates dropped 84 basis points last year — from 7.20% to 6.36% nationally, according to CRED iQ.

That is a real shift. A property with $100K in annual income is worth roughly $180K more at today's retail cap rates than it was at the start of 2025.

Industrial went the other way. Cap rates jumped 92 basis points from Q3 to Q4 as warehouse demand normalized after the e-commerce boom years.

In Tri-Cities, we typically trade at better yields than primary markets — but we follow the same directional trends. Right now, well-positioned retail is the strongest play. Industrial deals need tighter underwriting.

Evaluating a commercial property here? Reach out — I can walk through what the numbers actually look like for your deal.

New Listing — Office/Retail in Kennewick 📍MLS: 293692 - 1,625 SF suite available now. Professional office/retail space o...
06/30/2026

New Listing — Office/Retail in Kennewick 📍

MLS: 293692 - 1,625 SF suite available now. Professional office/retail space on high-visibility W Clearwater Ave corridor. Move-in ready — ideal for professional services, medical, or retail.

Available now. DM or call to schedule a tour.

Kaysey Anderson | SVN Retter & Company
509.940.7865 | [email protected]

Address

329 N Kellogg Street
Kennewick, WA
99336

Telephone

(509)9407865

Website

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