Bridge Point Tacoma 210

JLL Industrial Capital Markets is pleased to present the opportunity to acquire the fee-simple interest in Bridge Point Tacoma 210 or BP Tacoma 210, the “Property” or “Project” – a 205,413 square foot, Class A distribution facility situated on 13.82 acres in Tacoma, WA. The Property’s location in Tacoma is highly advantageous, offering direct frontage along SR-512 with excellent visibility. Just 5 miles from Interstate 5 (I-5) and 8 miles from both SR-167 and the Port of Tacoma, BP Tacoma 210 also stands to benefit from the SR-167 extension project, which is slated to deliver 6 new miles of highway, further improving access between SR-167 and I-5 and enhancing connectivity to the Port of Tacoma.

Built in 2024, Bridge Point Tacoma 210 showcases institutional-grade features including 36’ clear heights, 24 trailer stalls, 50 dock doors, and 130’ truck courts. The Project presents an immediate value-creation opportunity, with flexible demising capabilities as small as ± 48,000 square feet and as large as full building occupancy, allowing investors to capitalize on strong leasing and market fundamentals across multiple tenant configurations.

Bridge Point Tacoma 210 ideally sits at the confluence of the Tacoma, Puyallup/Sumner, and Frederickson submarkets. The Property benefits from Tacoma’s premier submarket fundamentals which have proven to be superior in the Southend with an average total vacancy of 5.3% and average rent growth of over 7% over the last 10 years. Additionally, the Property lies within Tacoma’s Foreign Trade Zone 86 (FTZ 86), the fourth largest FTZ on the West Coast, by imports. The Property’s location in FTZ 86 presents a critical advantage to landlords and tenants with the opportunity to significantly reduce supply chain operating costs.

The Project benefits from exceptional demographic fundamentals, given proximity to Downtown Tacoma and the Joint Base Lewis McChord, the largest employer in Pierce County. Within a 10-mile radius of the Property, the area has seen 21% population growth since 2010 along with a highly skilled employment base with 57% of workers employed in white-collar roles and 25% in blue-collar positions.

Bridge Point Tacoma 210 presents investors with a rare opportunity to acquire an institutional-quality, Class A distribution facility, surrounded by a deep population base. The combination of the Project’s premium quality building features, accessibility to transportation networks serving the entire Pacific Northwest region, flexible tenant configurations, and immediate lease-up potential creates an exceptional value creation opportunity within one of the most dynamic industrial markets in the West Coast.