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4/03/23
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National retailer Harbor Tools has inked a build-to-suit lease for a 782.9k sf facility at FRED310, a prominent new warehouse/distribution development located on 310 acres in the Greater Seattle area. Terms of the deal were not disclosed.
FRED310 is owned and being developed by the joint venture of Panattoni and a real estate fund advised by Crow Holdings Capital. The state-of-the-art project is located at Canyon Rd E and E 176th St in the city of Frederickson, Washington.
FRED310’s buildings offer state-of-the-art modernization and functionality, catering to the specialized needs of today’s distribution and manufacturing users. The Phase I buildings will offer ample dock-high and grade-loading, 36’ – 40’ clear heights, abundant auto/trailer parking and large modern truck courts.
The project is well positioned within 30 minutes of the Port of Tacoma and proximate to multiple freeways, including Interstate 5, offering convenient logistical service throughout the Greater Seattle region as well as the West Coast and Mid-West regions. The property also provides several economic and tax incentives for occupants.
Scott Alan, SIOR, and Patrick Mullin and Connor Cree with Cushman & Wakefield represented ownership in the transaction and lead marketing efforts for the project.
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