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Industrial Developer Adds to Greater Seattle Holdings With Purchase of Logistics Park

Nevada-Based Dermody Properties Pays $177 Million to Buy Three-Building Bridge Point Lacey
The industrial park formerly known as Bridge Point Lacey was built in 2019 and 2020. (CoStar)
The industrial park formerly known as Bridge Point Lacey was built in 2019 and 2020. (CoStar)

A Nevada developer acquired a logistics park at the south end of the Puget Sound that gives companies a lower-cost alternative to the larger cities of Seattle and Portland, Oregon.

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