Seattle, WA

TCC and MetLife Investment Management Complete 700K-SF Seattle Metro Logistics Facility Near the Port of Seattle

October 22, 2024

Exterior rendering of Seattle Metro Logistics facility located at Terminal 106

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Ryan Salchert

Sr. Communications & Media Manager

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Trammell Crow Company (TCC), a global real estate developer, and JV partner MetLife Investment Management, completed construction on its Seattle Metro Logistics facility, located at Terminal 106 near the Port of Seattle. The two-story building includes 702,429 square feet of Class A industrial space and is the largest logistics facility within 15 miles of Downtown Seattle.

“Seattle Metro Logistics offers an incredible opportunity for tenants that are looking for a significant amount space that is accessible to more than four million people within a one-hour drive. The sheer size of this two-story facility and its location in one of the most sought-after submarkets of Seattle makes this an unmatched property in the region. “We are grateful to MetLife Investment Management for their partnership and confidence in this project and to our many construction partners that helped us to deliver this facility on time and on budget,” shared Mark Netherland of TCC’s Seattle Office.

Andrew Stark and Andrew Hitchcock with CBRE are handling the marketing and leasing for Seattle Metro Logistics. Other project partners included Nelson Worldwide as the architect of record and Lease Crutcher Lewis as the general contractor. Bank OZK is the construction lender.

Situated on 15 acres, Seattle Metro Logistics’ two floors feature identical specifications, including 30’ clear height, 50 x 50 column spacing, 350 lbs/sf floor loading, ESFR sprinklers, 289’ warehouse depth, truck court depths ranging from 131’ to 135’, and a 701-space parking garage. The facility, which features a solar-ready roof, was designed to suit a broad range of industrial uses, from last-mile and regional distribution to storage, maritime, and manufacturing.

Located at Located at 44 S Nevada Street, the facility is centrally located within the Seattle Metropolitan Area and is within one to three miles of the Port of Seattle’s container terminals, as well as three miles from Downtown Seattle. Seattle Metro Logistics also provides the shortest drivetimes to the neighborhoods north of Downtown, out-positioning facilities in the traditional Seattle industrial submarkets farther south of Seattle.

Please visit www.seattlemetrologistics.com for more information and leasing opportunities.

Trammell Crow Company

Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2024, TCC had $19 billion of projects in process and $13.4 billion in its pipeline. With 575 employees throughout the United States and Europe in 26 offices, the company serves users of and investors in office, industrial/logistics, healthcare, life science, data center and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.