Tesla Leases Seattle-Area Facility

Image by Adriana Pop

Tesla has signed a lease for its first Pacific Northwest facility, according to the Puget Sound Business Journal. The electric car manufacturer will occupy a 245,000-square-foot building in Marysville, Wash., and use it for a parts manufacturing and assembly plant.

Situated at 16015 51st Ave. NE, the Tesla-leased building is the first to be completed in the 426-acre Cascade Business Park. According to CommercialEdge data, the facility came online earlier this year on a 20-acre site. It features 52-foot by 50-foot column spacing, 36-foot clear heights, ESFR sprinklers, a 135-foot truck court and 244 parking spaces.

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Cascade Business Park is NorthPoint Development’s first project in the Pacific Northwest. Upon completion, the industrial campus will feature some 4 million square feet across nine buildings.

Sierra Construction Co. is the project’s general contractor while Studio North Architecture served as architect; LDC and AHBL provide engineering services. KBC Advisors’ Matt Wood and Hans Vieser, along with Kidder Mathews’ Matthew Henn and Matt Hagen, are the property’s leasing brokers.

The business park is taking shape within the 4,000-acre Cascade Industrial Center, an industrial hub under construction in Marysville and Arlington, Wash. Over the next decade, some 20,000 additional jobs are expected to be brought about by the hub’s development.

Tesla’s national movements

According to Drive Tesla Canada, the Marysville lease is not Tesla’s first time scouting out facility space in the state. In early 2021, the company was looking to expand to a 206,000-square-foot industrial building in Lakewood, Wash. However, it appears as though the transaction never finalized.

Early this year, Tesla signed a full-building lease in Brookshire, Texas. The industrial facility, encompassing more than 1 million square feet, is in the Empire West Business Park. While concrete plans for the facility were unknown at the time of its signing, it was anticipated that the company would use the space for fabricating and storing power sources for vehicles.