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Panattoni Speculative Industrial Space

Sep 20, 2022, 11:12 AM
Subtitle : Spokane, Washington
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SIOR members close big deals in a big way. Select transaction case studies are featured in the SIOR Report so readers can learn both about and from the expertise of our members.




Date: July 2021

Transaction Type: Lease

Property Type: Industrial

Size: 788,841 sq. ft.

Sale Price: $63,183,000 USD

"Holding the SIOR designation got my foot in the door."
Market Situation
  • Large acreage of land
  • Well located near the interstate
  • Appropriate zoning

Transaction Profile
  • Two parcels of land, two different ownership groups
  • Off-market transaction
  • Long due-diligence process

  • Holding the SIOR designation got my foot in the door to interview with the local Panattoni Senior Development Manager. I had previously assisted Panattoni in a 100-acre acquisition for the second Amazon facility here in Spokane, Wash. This May 2022 deal will be their first speculative industrial project in the area.


Darren Slackman, SIOR

Categories :
  • Behind the Deal
  • SIOR Report
Behind the Deal
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