Lift Partners has acquired a 98,000 SF manufacturing building in Tacoma, WA.
The property located at 1815 East D Street has been occupied by current tenant Valley Line Cabinets for 20 plus years and had a short-term below market lease. An 8-year lease renewal was secured with the tenant prior to closing escrow. Valley Line Cabinets specializes in multi-family cabinet manufacturing for projects in Seattle, Portland and San Francisco metros.
1815 East D Street benefits from it proximity to Port of Tacoma, 10 Dock-High/5 Grade-Level Doors, rail service by Burlington North and heavy power.