Port Of Seattle Tract C – Des Moines Creek West Parcel Acquisition Slide, July 2024

Slide labeled 'Tract C - DMCW' (Des Moines Creek West) describes a 19,881 sq ft parcel 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/egress to the new DMC West industrial site developed with Panattoni, with the parcel then rented under a ground lease to generate additional cash flow.

Notes

Slide labeled ‘Tract C – DMCW’ (Des Moines Creek West) describes a 19,881 sq ft parcel 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/egress to the new DMC West industrial site developed with Panattoni, with the parcel then rented under a ground lease to generate additional cash flow.

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