The Wenatchee Industrial Portfolio is located in an opportunity zone and includes two groups of industrial buildings located in downtown Wenatchee, adjacent to the Columbia River. The offering is grouped into two building clusters – North Plant and South Plant – including approximately 320,039 square feet of total building area on approximately 12.3 acres (535,788 SF).
The majority of the offered buildings are configured as freezer & cooler facilities with high bay pallet stacking primarily for agricultural produce. These central Wenatchee properties offer a user or developer the opportunity to acquire a significant amount of industrial space in a highly sought-after opportunity zone, for either continuing freezer and cooler operations, repurposing the building for technology uses taking advantage of the low energy costs in Wenatchee, or for multifamily/residential uses. The offering is positioned on over 12 acres of centrally located land available for redevelopment for a variety of permitted uses under the site’s CBD and WMU (Waterfront Mixed Use) zoning, including: