The project serves a Fortune 25 tenant and underscores IRG's strategy for large-scale industrial development. Executive Vice President Coby Holley noted the site's capability to host complex, high-demand builds, crediting local government support for the rapid progress. The broader 129-acre campus occupies a strategic logistics corridor between the Ports of Tacoma and Seattle, bolstered by direct dual-rail access from BNSF and Union Pacific.
Since acquiring the site from the U.S. General Services Administration in 2022, IRG has cleared obsolete structures to prioritize speed to market. Beyond the current build-to-suit project, the property retains capacity for an additional 1.3 million square feet of development. Monte Decker of CBRE is managing the leasing efforts for the remaining available space, which includes heavy-power infrastructure and extensive rail-adjacent yard storage.
Comments (0)
No comments yet. Be the first!