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Black Creek Group Deal Awarded Real Estate Forum’s Top Deals of 2018

920 Days ago

Built on the site of a 100-year-old sawmill, Tacoma Logistics Center recognized among leaders in commercial real estate

DENVER, April 11, 2019 (GLOBE NEWSWIRE) -- Black Creek Group, a Denver-based real estate investment manager and development firm with a 25-year history, today announced its Tacoma Logistics Center development in Tacoma, WA has been recognized by Real Estate Forum as one of the Top Deals of 2018. The nomination highlighted the challenges of preparing a site that had been used as an industrial sawmill for more than a century for the construction of 1.1 million square foot, two-building industrial park.

“We’re thrilled Real Estate Forum is recognizing a project that was a years-long team effort,” said J.R. Wetzel, senior managing director for the western region of Black Creek Group. “From a terrific seller to the site remediation and construction team, the development of the Tacoma Logistics Center was a case study in careful planning, equitable risk sharing and effective blocking-and tackling—all driving toward a successful outcome.”

Featured in the ‘Best in CRE’ issue of Real Estate Forum, the awards shine spotlights on 2018’s most significant deals and development deliveries, as well as the people who helped bring them to fruition.

“In selecting this year’s winners, our editorial team sorted through several hundred transactions that closed around the country last year,” said Sule Aygoren, editor-in-chief at ALM Real Estate Media in an email. “Those who made the cut were selected not just for their size and value, but also for their complexity, creativity and impact on the market. They represent the best of what our industry has to offer.”

About Black Creek Group: Black Creek Group is an experienced real estate investment management and development firm that has bought or built more than $18 billion of investments throughout its 25-year history. The firm manages diverse investment offerings across the spectrum of commercial real estate – including office, industrial, retail and multifamily – providing a range of investment solutions for both institutional and wealth management channels. Black Creek Group has nine offices across North America with more than 300 professionals. More information is available at www.blackcreekgroup.com.

Contact: Greg Joslyn
The Lowe Group

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