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July 23, 2021

Panattoni sells new logistics center for $115M

Real Estate Editor

Photo by Colliers/Skytech [enlarge]
This view looks northeast at the speculative project, which was completed in May.

In a deal recently recorded in Pierce County, Colliers announced the sale of what's now dubbed the Tacoma Supply Chain Center, in Frederickson, for about $115 million. (The county says $114.4 million.) Colliers' Bill Condon and Matt McGregor represented the buyer, Dalfen Industrial, which is based in Quebec and Dallas. The deal was worth about $161 per square foot for three apparently empty industrial buildings.

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