2024 07 09 SM 8d Presentation Tract-C-Purchase-and-Des-Moines-Creek-West-Amendment Page 07

A presentation slide describing Tract C, a 19,881 square foot parcel of land at S. 216th Street and 20th Ave S in Des Moines, WA, owned by the City of Des Moines. The Port plans to purchase Tract C to serve as a private road for truck ingress and egress to the new DMC West (DMCW) industrial site developed with Panattoni, with the parcel then rented under a ground lease to generate additional cash flow.

Notes

A presentation slide describing Tract C, a 19,881 square foot parcel of land at S. 216th Street and 20th Ave S in Des Moines, WA, owned by the City of Des Moines. The Port plans to purchase Tract C to serve as a private road for truck ingress and egress to the new DMC West (DMCW) industrial site developed with Panattoni, with the parcel then rented under a ground lease to generate additional cash flow.

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