{"id":6888,"date":"2025-01-23T12:04:40","date_gmt":"2025-01-23T20:04:40","guid":{"rendered":"https:\/\/www.lee-associates.com\/northwest\/?p=6888"},"modified":"2026-07-28T10:30:07","modified_gmt":"2026-07-28T17:30:07","slug":"case-study-tumwater-corporate-center-building-1","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/northwest\/2025\/01\/23\/case-study-tumwater-corporate-center-building-1\/","title":{"rendered":"Case Study &#8211; Tumwater Corporate Center"},"content":{"rendered":"<div id=\"pl-6888\"  class=\"panel-layout\" ><div id=\"pg-6888-0\"  class=\"panel-grid panel-has-style\" ><div class=\"siteorigin-panels-stretch panel-row-style panel-row-style-for-6888-0\" data-stretch-type=\"full\" ><div class=\"so-panels-full-wrapper\" ><div id=\"pgc-6888-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-113ccd71f3e6-6888\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2025\/01\/60RM0513-768x512.jpg\" width=\"768\" height=\"512\" srcset=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2025\/01\/60RM0513-768x512.jpg 768w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2025\/01\/60RM0513-300x200.jpg 300w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2025\/01\/60RM0513-1024x683.jpg 1024w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2025\/01\/60RM0513-1536x1024.jpg 1536w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2025\/01\/60RM0513-2048x1365.jpg 2048w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2025\/01\/60RM0513-272x182.jpg 272w\" sizes=\"(max-width: 768px) 100vw, 768px\" title=\"2422 93rd Ave SW (Tumwater Corporate Center) \" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div><div id=\"pg-6888-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-6888-1-0\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><div id=\"pgc-6888-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-1-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"1\" ><div class=\"panel-widget-style panel-widget-style-for-6888-1-1-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2><strong><span style=\"color: #009ad9\">OVERVIEW<\/span><\/strong><\/h2>\n<ul style=\"list-style-type: square\">\n<li style=\"list-style-type: none\">\n<ul style=\"list-style-type: square\">\n<li class=\"p1\">Tumwater Corporate Center Building 1<br \/>\n2422 93rd Ave SW, Tumwater, WA<\/li>\n<li class=\"p1\">Industrial \/ Distribution Facility<\/li>\n<li class=\"p1\">\u00b1 149,340 SF Total<\/li>\n<li class=\"p1\">\u00b1 3,000 SF Office<\/li>\n<li>Landlord: Crow Holdings<\/li>\n<li>Tenant: Daedong USA<\/li>\n<li>Lease Rate:<br \/>\n$0.86 PSF Shell<br \/>\n$1.55 PSF Office Add-on, plus NNN<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><\/div><div id=\"panel-6888-1-1-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"2\" ><div class=\"panel-widget-style panel-widget-style-for-6888-1-1-1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><strong><span style=\"color: #009ad9\">ABOUT THE CLIENT<\/span><\/strong><\/h3>\n<p>Daedong-USA, Inc., distributes Kioti<br \/>\ntractors and equipment, part of Daedong<br \/>\nCorporation\u2019s 70+ year legacy in<br \/>\ninnovative agricultural solutions. With an<br \/>\nexpanding portfolio of autonomous and<br \/>\nAI-driven technologies, Daedong-USA<br \/>\nserves customers globally and continues<br \/>\nto lead advancements in smart farming.<br \/>\nFor more information, visit Daedong-Kioti.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pgc-6888-1-2\"  class=\"panel-grid-cell panel-grid-cell-mobile-last\" ><div id=\"panel-6888-1-2-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2><strong><span style=\"color: #009ad9\">THE CHALLENGE<\/span><\/strong><\/h2>\n<p>Daedong USA, a Korean manufacturing company, sought a west coast distribution hub for their Kioti Tractor brand. Their goal was to efficiently distribute products to a dealer network spanning the U.S. and Canada. The facility required a Class A image, high functionality, and 2\u20133 acres of secured outdoor storage. With key decisionmakers based in South Korea, the project presented unique challenges, including a significant time zone difference and language barriers.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-6888-1-2-1\" class=\"so-panel widget widget_sow-editor\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2><strong><span style=\"color: #009ad9\">OUR APPROACH<\/span><\/strong><\/h2>\n<p>We conducted a comprehensive survey of facility options, reaching from California\u2019s Bay Area to the U.S.\/Canadian border. Each option was analyzed based on quality, functionality, value, proximity to inbound port facilities, and transportation efficiencies. Leveraging local market expertise from Lee &amp; Associates, we implemented a multistate RFP process to evaluate landlord proposals. The results provided an applesto- apples comparison, enabling us to gauge landlord interest and competitiveness effectively.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-6888-1-2-2\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"5\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2><strong><span style=\"color: #009ad9\">THE OUTCOME<\/span><\/strong><\/h2>\n<p>While Northern California offered competitive rates, Tumwater, Washington, emerged as the optimal choice. The selected facility, located at the Tumwater Corporate Center\u2014a Class A new construction development\u2014offered ample outdoor storage and a strategic location on the I-5 corridor, 35 miles south of Tacoma. The landlord, Crow Holdings, actively pursued the requirement allowing Daedong to securing favorable terms. Tumwater\u2019s proximity to the Port of Tacoma facilitated inbound shipments from South Korea, while its central location supported efficient distribution to dealerships across the western U.S. and Canada.<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-6888-1-3\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><\/div><div id=\"pg-6888-2\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-6888-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-2-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"6\" ><div class=\"panel-widget-style panel-widget-style-for-6888-2-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><em>For more information regarding this case study, please contact:<\/em><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div id=\"pg-6888-3\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-6888-3-0\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-3-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"7\" ><div class=\"panel-widget-style panel-widget-style-for-6888-3-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><span style=\"color: #003146\"><strong>BILLY MOULTRIE<\/strong><\/span><br \/>\nPrincipal<strong><br \/>\n<\/strong><em>Lee &amp; Associates<\/em><br \/>\n<em>Pacific Northwest<\/em><br \/>\nbmoultrie@lee-associates.com<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pgc-6888-3-1\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-3-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"8\" ><div class=\"panel-widget-style panel-widget-style-for-6888-3-1-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><span style=\"color: #003146\"><strong>EUNICE KWON<\/strong><\/span><br \/>\nVice President<strong><br \/>\n<\/strong><em>Lee &amp; Associates<\/em><br \/>\n<em>Los Angeles - Downtown<\/em><br \/>\nekwon@lee-associates.com<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pgc-6888-3-2\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-3-2-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"9\" ><div class=\"panel-widget-style panel-widget-style-for-6888-3-2-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><span style=\"color: #003146\"><strong>CHRISTIAN MATTSON<\/strong>, SIOR<\/span><br \/>\nPrincipal<br \/>\n<em>Lee &amp; Associates<\/em><br \/>\n<em>Pacific Northwest<\/em><br \/>\ncmattson@lee-associates.com<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pgc-6888-3-3\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-3-3-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"10\" ><div class=\"panel-widget-style panel-widget-style-for-6888-3-3-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><span style=\"color: #003146\"><strong>CHRIS PETERSON<\/strong>, SIOR, CCIM<\/span><br \/>\nPrincipal<br \/>\n<em>Lee &amp; Associates<\/em><br \/>\n<em>Pacific Northwest<\/em><br \/>\ncpeterson@lee-associates.com<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div id=\"pg-6888-4\"  class=\"panel-grid panel-has-style\" ><div class=\"siteorigin-panels-stretch panel-row-style panel-row-style-for-6888-4\" id=\"blog\" data-stretch-type=\"full\" ><div class=\"so-panels-full-wrapper\" ><div id=\"pgc-6888-4-0\"  class=\"panel-grid-cell\" ><div id=\"panel-6888-4-0-0\" class=\"so-panel widget widget_sow-headline panel-first-child\" data-index=\"11\" ><div class=\"panel-widget-style panel-widget-style-for-6888-4-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-f8d8efd972d8-6888 so-widget-fittext-wrapper\"\n\t\t\t data-fit-text-compressor=\"0\"\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t\t<h4 class=\"sow-headline\">\n\t\t\t\t\t\t<b>NEW<\/b> FROM THE MEDIA CENTER...\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/div><\/div><\/div><div id=\"panel-6888-4-0-1\" class=\"so-panel widget widget_sow-post-carousel panel-last-child\" data-index=\"12\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-post-carousel so-widget-sow-post-carousel-base-ad93eedad001-6888\"\n\t\t\t\n\t\t>\t<div\n\t\tclass=\"sow-post-carousel-wrapper sow-post-carousel-theme-base\"\n\t\tstyle=\"overflow: hidden; max-width: 100%; min-height: 182px\"\n\t>\n\t\t<div 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class=\"sow-carousel-item-title\">\n\t\t\t<a\n\t\t\t\thref=\"https:\/\/www.lee-associates.com\/northwest\/2026\/09\/16\/q2-2026-industrial-market-report\/\"\n\t\t\t\tid=\"sow-carousel-id-9315\"\n\t\t\t\t\t\t\t\ttabindex=\"-1\"\n\t\t\t>\n\n\t\t\t\tQ2 2026 Industrial Market Report\t\t\t<\/a>\n\t\t<\/h3>\n\t<\/div>\n\t\t<div class=\"sow-carousel-item\" tabindex=\"-1\" style=\"float: left;\">\n\t\t<div class=\"sow-carousel-thumbnail\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\thref=\"https:\/\/www.lee-associates.com\/northwest\/2026\/09\/16\/q2-2026-multifamily-market-report\/\"\n\t\t\t\t\t\t\t\t\t\tstyle=\"background-image: url( https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/09\/Multifamily-Market-Report-Featured-Image-272x182.png )\"\n\t\t\t\t\taria-labelledby=\"sow-carousel-id-9305\"\n\t\t\t\t\ttabindex=\"-1\"\n\t\t\t\t>\n\t\t\t\t\t<span class=\"overlay\"><\/span>\n\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t<h3 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With an expanding portfolio of autonomous and AI-driven technologies, Daedong-USA serves customers globally&#8230;<\/p>\n","protected":false},"author":244,"featured_media":1965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[843,1084,1184],"tags":[1110,1090,1102,1109],"class_list":["post-6888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study","category-industrial","category-tacoma","tag-billy-moultrie","tag-case-study","tag-chris-peterson","tag-christian-mattson"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.6 (Yoast SEO v28.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Case Study - Tumwater Corporate Center - Lee &amp; Associates Pacific Northwest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/northwest\/2025\/01\/23\/case-study-tumwater-corporate-center-building-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Case Study - Tumwater Corporate Center\" \/>\n<meta property=\"og:description\" content=\"OVERVIEW Tumwater Corporate Center Building 1 2422 93rd Ave SW, Tumwater, WA Industrial \/ Distribution Facility \u00b1 149,340 SF Total \u00b1 3,000 SF Office Landlord: Crow Holdings Tenant: Daedong USA Lease Rate: $0.86 PSF Shell $1.55 PSF Office Add-on, plus NNN ABOUT THE CLIENT Daedong-USA, Inc., distributes Kioti tractors and equipment, part of Daedong Corporation\u2019s 70+ year legacy in innovative agricultural solutions. 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