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Seattle & Northwest  + Washington  + Industrial  | 
No Meat Factory Buys Stanwood Facility for $20M, CBRE Arranges Deal

No Meat Factory Buys Stanwood Facility for $20M

CBRE has arranged the sale of the former Twin City Foods plant, a 196,000-square-foot food processing facility in Stanwood, WA. Canadian plant-based meat alternative company No Meat Factory (NMF) purchased the asset from Twin City Foods for $19.5 million. 

Located at 10120 269th Place NW, the facility will serve as NMF’s first U.S.-based food processing operations. The property was building in 1997 with freezer storage, dock-high and grade-level access, as well as office, lab and kitchen areas.

CBRE’s Steven Brunette, Noah Roehl, Andrew Stark, Andrew Hitchcock and Harry Ghag represented both parties in the transaction. 

After investing $20 million in renovations, No Meat Factory will produce a full line of convenience products at the plant, including veggie burgers and nuggets, a veggie-based ground beef substitute, seafood alternatives and sausages.

The Washington State Department of Commerce also announced that a $200,000 state economic grant has been awarded to Economic Alliance Snohomish County that will support site engineering and development costs as well as initial upgrades to the plant.


Inside The Story

No Meat FactoryTwin City FoodsCBRE - Seattle

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Sale/Acquisition
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