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April 6, 2023

New tenant for Panattoni

Panattoni broke ground last summer on the 310-acre Fred310 industrial development near Frederickson, in Pierce County. That's on land acquired from Boeing, near 18001 Canyon Road E. Cushman & Wakefield is brokering the intial five buildings, and it recently announced a new tenant. Harbor Freight Tools is taking 782,875 square feet in a build-to-suit structure. C&W's Scott Alan, Patrick Mullin and Connor Cree represented the developer and financial partner Crow Holdings Capital. Alan said in a statement, “We are excited to add Harbor Freight as another significant and high-caliber brand to the project's growing roster of quality tenants.” The initial five buildings of Phase I will total some 3.1 million square feet. All will have lots of dock-high and grade-level doors, with clear heights ranging from 36 to 40 feet, plus lots of parking. Said Panattoni's Travis Hale, “We are thrilled at the level and quality of leasing activity and the rising interest we continue to attract at Fred310.”




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