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Thursday, March 25, 2021

Crown West Realty acquires a 39 acre parcel in Spokane Valley for new 600,000 SF Barker Logistics Park project

 Even more industrial and warehouse development is coming to Spokane Valley. This is because Crown West Realty, LLC recently announced their acquisition of a 39 acre parcel of industrial land near the corner of Barker & Euclid Roads with the intent of developing a multi-building industrial park there, named the Barker Logistics Center. 

Once complete the Barker Logistics Center will offer 600,000 SF of new industrial space for multiple tenants. Crown West plans to break ground on the first building prior to the end of the year, that building will be a 120,000 SF concrete tilt up building with 36 foot ceiling height. The remainder of the project site will be marketed for build-to-suit projects up to 450,000 SF.

The Barker Logistics Park project is close to I-90 and the now under construction Amazon " non-sort " fulfillment center. Crown West themselves has a sizable portfolio in this growing section of Spokane County as they already own and manage the Spokane Business & Industrial Park (aka The Park) located to the west of the Barker Rd project. The Park has over 4.5 million SF of dock-high and grade level buildings and is one of the largest industrial complexes in the country, home to over 120 resident companies and employing more then 4500 people. 

Crown West Realty,LLC is also actively developing another industrial development called the Euclid Logistics Park on the southeastern edge of "The Park", which similar to the Barker Rd. project will one day be a collection of several large industrial buildings.