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PCCP, Panattoni to Develop Spokane Valley Industrial Building
A joint venture of PCCP, LLC and Panattoni Development Company has begun development of Green Acres Distribution Center, a 192,000-square-foot industrial building in Spokane Valley, WA. The speculative Class A project is expected to be delivered in the third quarter of 2023.
“We believe this facility will provide state-of-the-art warehousing and distribution product in a market that consists primarily of older assets that lack the modern features desired by today’s users,” said PCCP Senior VP Dorian Farhang.
Panattoni’s Donnie Belk added, “Green Acres is an important addition to the market. The new facility will offer a product type that is scarce in Spokane where demand remains high for distribution.”
The site is 12 miles east of downtown Spokane in an established industrial corridor, with a vacancy of just 0.5%. The new facility will be a rear-loaded distribution building with a 30’ clear height.
- ◦Development
