CenterPoint Continues to Expand Its Portfolio of West Coast Properties
Posted By Staff Writers On May 16, 2017 @ 5:14 pm
TACOMA, WA – CenterPoint Properties is proud to announce the acquisition of 3102 South Pine St. in Tacoma, Washington. The 194,857 SF transload facility is fully leased to Goodwill Industries on a long-term basis. Purchase of this asset aligns with CenterPoint’s strategy of acquiring functional transportation-related real estate in close proximity to ports and intermodal centers.
Goodwill is an American nonprofit organization that provides job training, employment placement services and other community-based programs for people who have barriers preventing them from otherwise obtaining a job. Goodwill is funded by a massive network of retail thrift stores operating as nonprofits. There are 163 local Goodwill’s in the United States and Canada alone.
“We are thrilled to partner with Goodwill and to expand our portfolio of West Coast properties,” said Ryan Dunlap, Senior Vice President of Investments at CenterPoint. “Its proximity to port and highway infrastructure offers Goodwill several shipping solutions and an overall greater supply chain efficiency.
The facility has multiple access points which enhances its future multi-tenant optionality. It offers 22’ clear heights, 38’x50’ typical bay size, 132 parking spaces, 100+ trailer parking spaces and 2,500 SF of office space.