Sub Markets

Property Sectors

Topics

Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Seattle & Northwest  + Washington  + Industrial  | 

Corliss Acquires $9.6M Port of Olympia Industrial Property

Corliss Management Group LLC (CMG), a family-owned and operated real estate development company, has acquired an industrial property for $9.6 million in an off-market transaction. The property, comprising three quality light industrial warehouse buildings constructed between 2004-2006 on 4.90 acres, spans a total of 59,549 square feet and currently hosts 17 tenants.

This acquisition marks Corliss Management Group’s first venture into the industrial landscape of Thurston County, which followed the Port of Olympia Commission authorized the sale in December of 2023. “This acquisition builds upon our investment portfolio in the South Sound, and we look forward to being a contributor to Thurston County’s growth,” said Mark Walsh, Chief Real Estate Investment Officer at Corliss.

In addition to this exciting achievement, CMG is actively looking at acquisitions in Washington and Utah, with a focus on expanding its portfolio of outstanding commercial development projects in these regions.

Connect

Inside The Story

Port of OlympiaCorliss

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.

New call-to-action
New call-to-action