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WestRock recently leased 74,525 SF of warehouse distribution space at the Hogum Bay Logistics Center in Lacey. The three-building, 1.1M SF campus is now 80% leased. The property is owned by IDS Real Estate Group through a joint venture with an institutional pension fund. Uline Corp. leases 800K SF of the center.
“Companies are excited to move their operations to the city of Lacey, which is a growing, business-friendly community,” IDS Real Estate Group Senior Vice President Dan Sibson said. “Hogum Bay Logistics Center provides brand-new buildings, state-of-the-art building systems and excellent access to the Interstate 5 freeway, which allows tenants to efficiently and cost-effectively service both the Seattle and Portland submarkets.”
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