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Bridge Buys Former Supervalu Site, Plans Auburn Flex-Industrial
Bridge Development Partners, LLC acquired an 11.45-acre property at 701 15th St. Southwest in Auburn, WA. The Chicago-based industrial firm plans to launch development of Bridge Point Auburn 200, a single, 206,155-square-foot flexible industrial building. The new facility is expected to be delivered in Q4 2020.
The property, previously owned by Supervalu, consisted of several partially demolished buildings originally built in the late 1960s. As part of its redevelopment plans, Bridge will remediate the environmentally challenged site to transform it into an economically productive facility that will provide significant benefits to both future users and the surrounding community.
Bridge’s planned industrial facility will feature 32-foot clear ceiling heights as well as parking, including 33 trailer storage stalls and spaces for cars. The new, front-loading facility will be able to cater to tenants as small as 70,000 square feet and as large as 206,155 square feet.
CBRE’s Monte Decker represented the seller, and will also serve as the leasing broker.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition
