Tesla Leases Facility in Marysville’s Cascade Industrial Center
The 245,000-square-foot building marks Tesla’s first plant in the Pacific Northwest
Tesla has signed a lease for a 245,000-square-foot facility in Marysville’s Cascade Industrial Center, a 5.1 million-square-foot industrial hub currently under development. This location marks Tesla’s first facility in Washington State it appears.
Located at 16015 51st Ave. NE, the building will serve as a parts and assembly plant for the Austin-based electric car manufacturer, making it Tesla’s first plant in the Pacific Northwest, reports Puget Sound Business Journal.
The Cascade Industrial Center is a joint project between Marysville and Arlington and is expected to generate 11,600 new jobs by 2040. The Tesla facility is situated within NorthPoint Development’s Cascade Business Park, which plans to house a nine-building, 4 million-square-foot complex on 426 acres.
Marysville has issued tenant improvement permits for office space construction within the Tesla building, according to city documents. Kansas City-based NorthPoint Development, which is responsible for the project, has other sites in Northern California, Las Vegas, and Denver.
Sierra Construction Co. completed the building in late March, with Studio North Architecture as the architect and LDC and AHBL as the engineers. Brokers Matt Wood and Hans Vieser of KBC Advisors, and Matthew P. Henn and Matt Hagen of Kidder Mathews, represent the development.
Terrie Battuello, economic and real estate manager for the city of Marysville, described the city as a “hotbed” for industrial activity, with more development expected in the area, bringing numerous living wage jobs. The Puget Sound’s Northend has already witnessed several industrial leasing activities this year, including Quantum Windows and Doors’ lease of a building in Arlington’s Gayteway Business Park in January.