Port Completes Purchase of World Trade Center Tacoma Building

Wednesday, February 05, 2003
The Port of Tacoma has completed a $6.8 million purchase of the World Trade Center Tacoma Building. Located at 3600 Port of Tacoma Road, the 70,000-square foot building had been owned by a local, private partnership. The land was -- and will continue to be -- owned by the Port of Tacoma. Bob Emerson, the Port's Director of Real Estate, notes that the modern, five-story office building is wired with fiber optic connectivity and a desirable location -- adjacent to Interstate 5 at the entrance to the Port area with easy freeway access and ample parking.

According to Port of Tacoma Commission President Dick Marzano, the acquisition is consistent with the Port's expansion and diversification objectives. "This is a dynamic addition to the Port's real estate portfolio," he said. Presently, the World Trade Center Tacoma Building has more than 20 tenants, including the U.S. Immigration and Naturalization Service. "We have no current plans to change the use of the building," Emerson said. "The Port will continue to offer the building for lease to a wide variety of businesses."

Emerson added that the site has potential for further development in the future. "We will be exploring several alternatives for ultimate long-term development," he said.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Fundraiser Held for USS Gerald R. Ford Crew

Blackmer, a company in positive displacement and centrifugal pump and reciprocating compressor technologies, has a relationship with the U.S. Military that dates

Meercat Workboats Scores a Hat-trick

The U.K.’s Meercat Workboats says it scored a hat-trick; the Hampshire-based boat builder announced it is moving premises, that Seawork was a huge success and that

Northern Lights Opens Branch Office in Louisiana

Marine power generation and climate control products manufacturer Northern Lights has opened its fifth branch office, in Kenner, La, to enhance service to Gulf

Ports

Groningen Seaports First in Line for Damen InvaSave

The first production version of Damen’s InvaSave ballast water treatment system – intended for use at Groningen Seaports – will be on display at the upcoming ‘DelfSail’

Panama Canal Expansion: Impacts on the Bunker Industry

The total volume of the Panama bunker market has increased in recent years as price levels are becoming increasingly competitive to U.S. bunker hubs like Houston, New Orleans and New York.

New Port Academy Liverpool Unveiled at Grand Opening

LIVERPOOL City Region has launched a new  £2.5 million maritime training academy which it believes is the only one in the U.K. to create vitally needed skills and

 
 
Maritime Security Naval Architecture Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0879 sec (11 req/sec)