A rendering of Bridge Point Kent 100, an industrial facility to be built at 26524 79th Ave. S. COURTESY GRAPHIC, Bridge Development

A rendering of Bridge Point Kent 100, an industrial facility to be built at 26524 79th Ave. S. COURTESY GRAPHIC, Bridge Development

New industrial facility coming to Kent Valley

Bridge Point Kent 100 to open in 2020

Chicago-based Bridge Development Partners has purchased a 4.7-acre site in Kent to develop a state-of-the-art industrial facility totaling 97,522 square feet.

Bridge Point Kent 100 is expected to be completed in early 2020, according to a company press release. The facility will be built at 26524 79th Ave. S.

Purchased from an independent seller for an undisclosed price, the property will feature a building with 30-foot clear ceiling heights, 14 dock-high and two grade-level doors, flexible size configurations and an ESFR (Early Suppression, Fast Response) sprinkler system.

Bridge Point Kent 100 will be one of Kent Valley’s few facilities with a footprint of less than 100,000 square feet, with space divisible down to 30,000 square feet to accommodate a variety of smaller tenants.

“Seattle is one of the top industrial markets in the country, as well as one of the most supply-constrained,” said Justin Carlucci, partner, Northwest region at Bridge. “Its thriving tech sector is also fueling strong job creation and population growth throughout the metropolitan area. This makes it a prime location for Bridge to build a modern facility like Bridge Point Kent 100, and continue growing our regional portfolio to meet the surging demand for top-of-the-line industrial spaces.”

Steve Brunette, Shawn Childs and Andrew Stark of CBRE brokered the deal for Bridge. Childs and Stark will serve as leasing agents for the property.

Bridge Point Kent 100 is the latest in a series of acquisitions and developments for Bridge in the Seattle area and the Pacific Northwest. Within the last eight months, Bridge also has announced plans for Bridge Point Lacey in Seattle, Bridge Point Sumner 60 in Sumner and Bridge Point I-5 in Portland.

Bridge Development Partners, LLC (bridgedev.com) is a privately owned firm that focuses on the acquisition and development of Class A industrial real estate in the supply constrained core industrial markets of Chicago, South Florida, Northern New Jersey, Southern California, the Bay Area and Seattle.

Since its inception in 2000, Bridge has successfully acquired and developed more than 33 million square feet of industrial buildings/projects valued at more than $5.2 billion. Currently, Bridge has a strategic joint venture with investment partnerships managed by Banner Oak Capital Partners, L.P., a Dallas-based investment advisor.




Talk to us

Please share your story tips by emailing editor@kentreporter.com.

To share your opinion for publication, submit a letter through our website https://www.kentreporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

More in Business

Stock photo
Union files charges against QFC, Fred Meyer over Black Lives Matter button ban

Grocery store workers condemn ban; QFC spokesperson says wristband options available to employees

Dowell Co. closing after 55 years

‘An icon of Kent’

City of Kent to add large, outdoor warehousing activities to B&O tax

Extension will increase revenue by about $2.1M per year

Drone footage shows partial demolition of the Gateway Movies 8 theater along S. 317th Street in Federal Way on Sept. 13. Photo courtesy of Bruce Honda
Show is over for Federal Way’s Gateway Movies 8 theater

Demolition of building makes room for incoming Sound Transit Federal Way Link Extension.

Pacific Propeller in Kent pays $66,300 EPA penalty

Company failed to report hazardous chemical storage

City of Kent awards grants of $6,500 to 300-plus small businesses

$2.1 million from federal CARES Act funds to combat COVID-19 impact

Facebook purchases unused Bellevue REI headquarters

The companies will also each donate $1 million to the Eastrail

595 employees to lose jobs with closure of Kent aerospace company

Carlisle Interconnect Technologies impacted by decline in air travel

REI CEO Eric Artz.
REI still leaving Kent headquarters but not for Bellevue | Update

Company confirms Kent closure; to focus on remote work

File Photo
LA Fitness to reopen all locations Aug. 10

Gyms will follow state guidelines

Stock photo
New program to help ensure safe start compliance in restaurants, taverns

Launched by Public Health – Seattle & King County