Daily Journal of Commerce
Davis Property & Investment has acquired a 12-acre +/- site located in Pacific, WA. The project, called The Pacific Building, is available for build-to-suit or for lease. The site is zoned Light Industrial and is suitable for a broad range of uses including, distribution, warehousing, and storage in a building up to 146,500 SF +/-. The site is bordered by Hwy 167 and West Valley Highway providing unparalleled visibility and access to the main thoroughfare servicing the largest industrial HUB in the Pacific Northwest and is well positioned to satisfy growing demand within the industrial market as users are looking further south due to pricing and availability of product located in South Seattle, Kent, and Auburn. Davis Property & Investment (DPI) is an accomplished and experienced developer and asset manager of commercial real estate in the greater Puget Sound market. With strategic alliances among many of the region’s finest service providers, DPI’s development and management team ensures higher-than-average project success and performance. Presently, DPI has six (6) industrial and medical buildings at various stages of design and construction with a value of approximately $110.8M, closed over $15.5M in transactions over the last year, and owns/manages nearly 5 million square feet of commercial real estate assets from Seattle, WA to Portland, OR.