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Work on Prologis complex at Tacoma, Fife border begins

03.03.2017

Heartland, in partnership with WA-REA, was engaged by the Port of Tacoma to analyze and market for lease one of the Puget Sound Region’s most significant industrial land assets. The team conducted in-depth financial analyses and compared the economic and non-economic terms of the offers, and communicated findings to Port stakeholders in order to ensure an informed and transparent selection process. Through this process, the Port of Tacoma selected a developer, and Heartland/WA-REA led the negotiations that culminated in a beneficial, long-term ground lease of this high value Port asset.

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