Logistics Property Company, LLC, a modern logistics real estate developer, investor, and manager, has executed two full building leases totaling 845,618 square feet at LPC’s Frederickson ONE Logistics Park. Frederickson ONE, a Class A industrial park in Washington’s Frederickson Industrial Corridor, is now fully leased.
LPC’s Frederickson ONE Logistics Park is strategically located within 25 minutes of the Port of Tacoma and within 60 minutes of the Port of Seattle. The site is comprised of 3 million square feet across six buildings. Other park tenants include Ace Hardware, Holman Logistics, a Fortune 100 e-retailer, and a global furniture retailer.
LPC’s Drew Zaborowski, senior vice president, Pacific Northwest Region, and Joe Sandhu, senior vice President, Project Management, were supported by Colliers’ Matt McGregor and Bill Condon in the brokerage of the two buildings located on 34th Avenue East. Patrick Mullin and Scott Alan at Cushman & Wakefield represented the tenant for the Building 4 and Building 7 leases.