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October 27, 2022
Prologis is gradually building and filling a potential 1.5 million square feet at its Emerald Gateway. (Numbers and building numbering vary according to tenant demand.) JLL brokers the 62-acre development, which is south of Boeing Field, and just west of Interstate 5. In its recent third-quarter industrial report, CBRE says that electric truck maker Rivian has taken 97,791 square feet at Building 2, on the northwest corner of the site. That's over half of a building slated to have 171,924 square feet, with delivery in March of next year. As the DJC first reported early last year, HPA Architecture designed the tilt-up structure, with Sierra Construction as the builder. (The latter's webcams indicate that ground work is well underway.) For Rivian, Building 2 will evidently replace the service operation it now has in the Wilburton area of Bellevue. The JLL team representing Prologis includes Chris Spofford, Les Boudwin, Scott Carter and David Cahill. As for a future sales center, Rivian filed a plan early last year for the Federal Army & Navy Surplus store in Belltown, but it withdrew the plan that summer. The building remains for sale, with CBRE and Azose Commercial Properties as the brokers.