homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

August 15, 2023

Panattoni nears start on Lakewood One

By BRIAN MILLER
Real Estate Editor

A logistics development site in Lakewood recently sold for $5.7 million, according to Pierce County records. The seller at 4805 123rd St. S.W., immediately east of Interstate 5, were LLCs associated with Panattoni Development, which acquired the land in 2021 for $4.5 million. The deal was worth nearly $15 per square foot.

The buyer was CP Logistics Lakewood One LLC, which is associated with Panattoni, Principal Real Estate Investors and CalSTRS. (That's the California State Teachers' Retirement System.)


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.