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PCCP, Panattoni JV Pick Up Seattle-Area Spec Development Site
PCCP, LLC formed a joint venture with Panattoni Development Company, Inc. for the development of Glacier Peak, a 201,509-square-foot industrial warehouse building on a 10-acre site located in Everett, WA, within the Seattle-Tacoma industrial market.
The development is located on Riverside Rd. at Riverside Business Park in northern Everett, near Interstate 5 and Boeing’s primary assembly plant at Paine Field Airport. The joint venture acquired the site from the Port of Everett, which was formerly a Weyerhaeuser lumber mill for more than 80 years, until the Port bought the land in 1998 to help facilitate redevelopment.
The new project will be a 32-foot clear height, single‐loaded, concrete tilt-up industrial building, featuring multiple access points, 130‐foot truck courts, and ESFR fire suppression systems.
PCCP’s Dorian Farhang notes that the project is PCCP’s seventh speculative industrial development in joint venture with Panattoni nationwide.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition

