TCC Executes Full-Building Lease at Washington Industrial Park

Why It Matters

Securing a single tenant for the entire East Building demonstrates strong demand for modern industrial space near key West Coast logistics corridors, boosting confidence in the Pacific Northwest’s supply‑chain growth. The lease also positions Consolidated Supply Co. to enhance service efficiency across Washington and Oregon.

Key Takeaways

• TCC secured full lease of 276,092 sq ft East Building.
• Consolidated Supply Co. occupies entire East Building, boosting regional supply chain.
• Development sits on 66‑acre site near I‑5, 22 mi from Portland.
• Project is 30% leased, with cross‑dock warehouse slated for 2026 delivery.

Pulse Analysis

The Trammell Crow Company (TCC) has closed a full‑building lease for the East Building at Woodland Industrial Park, a 276,092‑square‑foot facility in Woodland, Washington. Situated just two miles from Interstate 5 and 22 miles north of Portland, the site offers prime logistics access for distributors serving the Pacific Northwest. Full‑building leases are a strong indicator of tenant confidence in a market, and TCC’s ability to lock in a single occupant underscores the growing demand for modern, high‑clearance industrial space near major transportation corridors.

Consolidated Supply Co., a family‑run plumbing and water‑works distributor, will become the sole tenant of the East Building. The company’s regional footprint and product portfolio position it to serve construction firms, municipalities, and service contractors across Washington and Oregon. By consolidating its operations under one roof, Consolidated Supply can streamline inventory management, reduce shipping times, and improve service levels—advantages that are increasingly valuable as the construction industry rebounds from pandemic‑induced slowdowns. The lease also signals confidence in the company’s growth trajectory.

The broader development comprises two buildings totaling 931,186 sq ft, with a 655,094‑sq ft cross‑dock warehouse slated for completion in fall 2026. Although the park is currently 30% leased, the full‑building commitment by Consolidated Supply provides a foothold for attracting additional tenants seeking proximity to the I‑5 corridor. Capacity Commercial Group’s marketing strategy emphasizes the site’s 66‑acre footprint, flexible clear heights, and near‑term availability, attributes that align with the Pacific Northwest’s surge in e‑commerce fulfillment and last‑mile distribution needs. Industry observers expect speculative industrial projects in the region to maintain strong absorption rates through 2027.