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Seattle & Northwest  + Seattle  + Industrial  |  June 5, 2024
Jasmine Kilman
By: Jasmine Kilman

Amazon Leases New Industrial Building in Federal Way

Industrial Realty Group (IRG) announced that Amazon has fully leased a 225,882-square-foot building at 33815 Weyerhaeuser Way S. at Woodbridge Corporate Park in Federal Way. The deal marks a major milestone in IRG’s revitalization of the former Weyerhaeuser campus, which includes ground-up development, significant job and tax revenue creation, and preservation of the campus’s surrounding natural elements.

“We are absolutely thrilled to welcome Amazon to Woodbridge Corporate Park and the greater Federal Way community,” said Coby Holley, vice president and asset development manager at IRG, which purchased the property in 2016. “Amazon will play a significant role in transforming this incredible property into a vibrant, multi-tenant campus,” he added.

The Amazon lease represents one of two new buildings that IRG recently completed at the Woodbridge campus. Together, they total about 440,000 square feet of Class A state-of-the-art industrial space. IRG’s two already developed buildings and the separate proposed Business Park project will create more than 3,100 permanent jobs and generate $6.8 million in annual tax revenue for the City of Federal Way.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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