High-rise commercial buildings

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  + Seattle  + Industrial  | 
Tumwater Costco

Costco’s $160M BTS is One of Largest Distribution Facilities in Puget Sound

A 1.098 million-square-foot distribution center to be owned by Costco is underway at 2311 93rd Ave. in Tumwater, WA, about 60 miles southwest of Seattle. The 79-acre project is scheduled to be complete in August 2022.

The build-to-suit deal worth $160 million is one of Costco’s largest distribution facilities in the region. The distribution center will feature 175 car parking spaces, 418 trailer spaces and 129 dock doors.

CRG sourced the land, navigated the entitlement process and provided development services for Costco. In addition, CRG’s parent company, Clayco, is constructing the distribution facility, which was designed by Clayco subsidiary Lamar Johnson Collaborative.

“We are thrilled to leverage our local expertise and integrated development platform to source and deliver this business-critical distribution center for Costco, a large retailer requiring convenient access to the Port of Tacoma and Costco’s facilities in the Pacific Northwest,” said Shawn Clark, president of CRG. “The Seattle area is land-constrained for parcels that can accommodate large-scale industrial properties. Great sites in DuPont and Lacey have already been developed, and the city of Tumwater has very limited properties that can accommodate industrial projects larger than 200,000 square feet.” 

Connect

Inside The Story

Shawn Clark

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Development
New call-to-action