SBS says the 440,000-square-foot space will allow it to offer a dedicated line haul service from Seattle to Minneapolis and Chicago.
Midwest supply chain management company SBS Group says it has acquired 440,000 square feet of distribution space in the IPT Tacoma Logistics Center at the Port of Tacoma.
The site at 733 E. 11th St., between the Puyallup River and Middle Waterway, was once home to a Simpson lumber mill.
Saint Paul, Minnesota-based SBS says the new space will allow it to start a dedicated line haul service from Seattle to Minneapolis and Chicago this summer to serve customers from the ports of Seattle and Tacoma.
It said the ports are a gateway to the U.S. and Canada, making this an ideal location for container cross dock and distribution in the Pacific Northwest.
“As clients' supply chains become longer and more complex, speed to market is becoming the difference between surviving and prospering,” said Paul Goff, owner and CEO of SBS Group, in a news release. “While there are many ‘warehouse' operations in the Pacific Northwest, SBS recognized the need for globally thinking supply chain distribution in the region.”
The website for Tacoma Logistics Center says the 1.11 million-square-foot complex has two buildings: one about 830,000 square feet and the other about 280,000 square feet. The entire smaller building is still available and about 385,000 square feet in the larger building.
Denver-based Black Creek Group is listed as the developer and manager. Tony Kusak of Cushman & Wakefield is the leasing agent.
Sierra Construction was the general contractor and Craft Architects the designer. Sierra's website lists IPT Tacoma Logistics as the owner.