Mega-warehouse developer touts nearly 4M square feet of new space in region
AI-generated summary reviewed by our newsroom.
- Bridge Industrial delivered six Seattle-area industrial sites totaling more than 3.8M+ sf.
- Milton complex includes Phase 1 leased by Boeing and nearly 1M square feet available.
- Bridge’s 2.4M square-foot Tacoma project is still a work in progress.
A Milton warehouse campus is the largest of several new industrial sites recently completed or updated by Chicago-based Bridge Industrial.
An update issued by the international industrial-site developer on Oct. 21 stated that in recent weeks it had delivered six completed sites in the area designed for “light manufacturing, warehousing, last-mile fulfillment and more.”
The combined space totals more than 3.8 million square feet:
- Bridge Point I-5 Seattle: Located at 80 Fifth Ave., Milton. Four buildings, with three available for lease totaling nearly 1 million square feet, ranging from 127,798 to 478,542 square feet, located on I-5 and adjacent to the Port of Tacoma. The fourth building (Phase 1) totals more than 1 million square feet and is leased by Boeing. CoStar real estate data determined it was one of the top U.S. industrial leases ranked by square footage in 2024. Milton City Council approved the site as a redevelopment of a former quarry in January 2020.
- Bridge Point Kent 109 & 217: Two buildings totaling 309,028 square feet, located in Seattle’s Kent submarket. Bridge acquired the sites from a Blackstone affiliate in late 2024 for more than $64 million.
- Bridge Point SeaTac 300: The project offers direct access to Sea-Tac International Airport. Bridge says the site is “Ideal for corporate headquarters, distribution, and warehousing,” and has two buildings totaling 312,673 square feet. One of the buildings is fully leased by Flying Food Group (prepared meal vendor to airlines), with the second 174,254 square-foot building still available.
- Bridge Point Seattle 130: A 129,040-square-foot standalone, secured industrial facility in South Seattle as been upgraded with a new roof, structural improvements and interior finishes. The release notes that the property has gone through environmental remediation from “prior contamination” as the former Dawn Food Products site.
- Bridge Point Soundview: This Everett-based property features three buildings totaling 487,199 square feet of Class A industrial warehouse space. The site is 84% leased with 78,317 square feet available. The marketing release notes that the site overlooks Puget Sound, “making it the perfect location for a company’s headquarters.”
- Bridge Point Vancouver 600: Site features one 646,274-square-foot building with direct access to I-5 and I-205.
The announcement noted that the sites “meet the Pacific Northwest’s strong demand for modern Class A developments with LEED certification and sustainable features... .”
Tacoma warehouse update
Meanwhile, work continues on another mega-warehouse site.
Bridge has faced community pushback for its under-construction Bridge 2MM warehouse site in South Tacoma, described as “over 2.4-2.5 million square feet of speculative industrial space” across four buildings.
The Superfund-designated site and former BNSF Railway-owned property, 5024 S. Madison St., was purchased in September 2021 by Bellevue-based Bridge Point Tacoma LLC, (part of Bridge Industrial) for nearly $160 million.
City of Tacoma’s permit portal shows the most recent activity at the property this month was tied to installation of “a sound attenuation fence per the City of Tacoma.”
The most recent work listed on a noise variance application to the city in September included “Installation of site utilities including water, storm and sanitary sewer. Also will be site grading for pavement, cast in place curbs and sidewalk.”
A media representative for the company told The News Tribune on Oct. 22 in response to questions that she did not have any updates to provide on the Tacoma property.
Bridge 2MM website lists a completion date of mid-2026.
Previous reporting from The News Tribune contributed to this report.
