December 15, 2016
Industrial Property Trust Buys Former Tacoma Sawmill for New Development
Industrial Property Trust Buys Former Tacoma Sawmill for New Development POSTED ON DECEMBER 13, 2016 BY NELLIE DAY | Rebusiness Online TACOMA, WASH. — Industrial Property Trust (IPT) has purchased a …

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Industrial Property Trust Buys Former Tacoma Sawmill for New Development

POSTED ON BY  | Rebusiness Online

TACOMA, WASH. — Industrial Property Trust (IPT) has purchased a 58-acre former sawmill in Tacoma for an undisclosed sum. The space is located at 733 E. 11th St.

IPT plans to build a 1.1 million-square-foot industrial facility on the property. The IPT Tacoma Logistics Center will include two buildings. The project is scheduled for completion in the first quarter of 2018.

Tony Kusak of Cushman & Wakefield Commerce executed the transaction. The seller was Interfor.

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