Seattle, WA (May 2023) – Tarragon is pleased to announce that Scholastic Inc. has signed a lease for 68,800 SF of space at Salmon Creek Corporate Park in Sumner, WA. Scholastic Inc. is leasing half of Building B, which now brings the overall occupancy in the park to 100%.
For over 100 years, Scholastic Inc. has been one of the world’s largest publishers and distributors of children’s books, educational materials, and digital media, and a leading provider of literacy curriculum, professional services, and classroom magazines.
“We are excited to welcome Scholastic Inc. to Salmon Creek Corporate Park,” said Dennis Rattie, President at Tarragon. “We are honored to support their future growth and play a part in supporting their vision to support literacy throughout the world.”
The industrial building leased by Scholastic Inc. boasts excellent access to Highway 167 and the Port of Tacoma and Seattle, a spacious truck court, 4,250 SF of office, and upgraded LED lighting. It is a perfect fit for Scholastic Inc.’s operations and will provide them with the space they need to continue their mission of improving literacy and advancing education.
The brokers involved in this deal were Dane Dahlin of Kidder Matthews, representing Scholastic Inc., and John Gilliland and John Sullivan of the Seattle office of CBRE, representing Salmon Creek Corporate Park.
About Tarragon
Tarragon was founded in 1995 and is one of the Northwest’s most active real estate developers. Tarragon develops Class A industrial, retail, office, and multi-family projects throughout the Northwest. Tarragon’s projects are known for their quality construction and community focus. Additional information about Tarragon is available at www.tarragon.com.