Board of Commissioners unanimously approves five-year lease
VANCOUVER, Wash.—The Port of Vancouver USA and Hawthorne Hydroponics LLC have signed five-year lease for the port’s Centennial Industrial Building (CIB), located at 3300 Northwest 32nd Avenue, Vancouver.
Earlier this month, ScottsMiracle-Gro purchased Sunlight Supply Inc., the first company to locate in the port’s Centennial Industrial Park. CIB – only a few blocks away from Sunlight Supply – provides an ideal location for Hawthorne to consolidate and improve efficiencies for its operations in the region.
“Scotts has spent 150 years helping people express themselves on their piece of earth and we look forward to deepening our relationships here,” said Melanie Vodnick, Manager of Real Estate for ScottsMiracle-Gro.
Hawthorne is leasing 5.6 acres from the port, including all interior space at CIB and surrounding parking and loading areas. Income to the port for the initial five-year lease term will be $3 million plus leasehold excise tax. Hawthorne has the option to extend the lease for two additional, three-year terms beyond the initial five-year term.
The company expects to initially employ at least 50 people at the facility, where employees will manufacture plastic containers and air filters used in a variety of industries, including indoor and urban gardening.
The port worked with CBRE brokers Jake Bigby and Rob McEachern to bring Hawthorne to CIB.
