homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


print  email to a friend  reprints add to mydjc  

September 4, 2025

A bit more about Kowa

As the DJC reported in July, the fully leased Building D at the Fred310 industrial campus near Frederickson sold for $176 million to BentallGreenOak. The sellers were developer Panattoni and partner Crow Holdings. Readers may recall that the 753,069-square-foot building has two tenants: GE Appliances, which is owned by Chinese company Haier; and Kowa, a Japanese manufacturing conglomerate. The Economic Development Board for Tacoma-Pierce County recently shared a bit more about the latter. Kowa has about 300,000 square feet, and is planning its first manufacturing operation in the U.S. Tenant improvements are now underway at Building D; the facility will open next year, with the hiring effort already begun. Kowa hasn't said how many folks it's hiring or what it will make there. Its wares include medicines, medical devices, vision units, energy and energy-creating products. Said Pierce County Executive Ryan Mello, “Kowa's expansion demonstrates that our region is well-positioned for global investment. It reflects our shared commitment — across public and private sectors — to building a strong, resilient economy that offers opportunity and innovation.”




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