Newmark Completes 72K-SF Cold Storage Lease in Kent

Newmark has arranged a 71,613-square-foot cold storage industrial lease for Plymouth Poultry Company at 18404 72nd Avenue South in Kent, Washington.

Executive Vice Chairman Thad Mallory and Vice Chairman Taylor Hoff represented the landlord, a private local ownership group. The property, located at Yellowstone Industrial Park, is a rare cold storage asset in the North Kent Valley, one of the Puget Sound region’s most strategically important industrial submarkets. Situated between the Ports of Seattle and Tacoma and minutes from Seattle-Tacoma International Airport, the facility provides the tenant with direct access to critical transportation and distribution infrastructure.

Formerly occupied by Dreyer’s Ice Cream, the building features specialized freezer infrastructure. “This was one of the most unique industrial leasing opportunities we’ve brought to market in recent years,” said Hoff. “Most companies requiring frozen storage rely on third-party operators because there are very few facilities available that allow an occupier to control its own freezer operation.”

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