Case Studies

Palladius provided value-add financing for a 12.76-acre industrial outdoor storage site in Seattle, WA, strategically located near the Port of Seattle, State Route 99, and the Duwamish Waterway, with access to Boeing Field and Seattle-Tacoma International Airport. The business plan calls for redeveloping the asset as Industrial Outdoor Storage (“IOS”) with 64,000 SF of flex warehouse. Redevelopment will include demolition of aged structures, yard improvements such as grading, graveling, fencing, and lighting, and upgrades to the flex warehouse for single- or multi-tenant use.