Feb 15, 201704:46 PMBlog

Trident Seafoods lease on Port's Friday agenda

Feb 15, 2017 - 04:46 PM

Friday’s Port of Tacoma meeting is headlined by the second reading of a request to enter into a new 20-year lease with Trident Seafoods.

The Port’s Pier Side newsletter highlights the lease consideration, which covers Piers 24 and 25, as well as the surrounding yard area. The previous lease began in 1995 and terminated April of last year, with Trident continuing to occupy the space on a month to month basis.

The current lease rate, according to a memo on the Port’s website, is $86,250 a month. The new lease, which would be for 20 years with two mutually approved five-year extensions, carries an initial rent of $64,253 a month, with a rent commencement date of Oct. 1, 2018.

Other items on the agenda include the consideration of legal fees to recover cleanup costs associated with the former Brown & Haley site project, as well as a hearing and discussion of CEO John Wolfe’s 2017 goals and expectations.

The full agenda for Friday’s meeting is available on the Port’s website.

            

Edit Module
Advertisement
Bookmark and Share Email this page Email Print this page Print Feed Feed
Edit Module
Advertisement

About This Blog

Follow our blog for all the latest in local business news. To get the top local business news, subscribe to Daily Biz Briefs email newsletter. As a reader of this FREE email you get breaking business news each business day afternoon delivered right to your email inbox.

 

Feed

Atom Feed Subscribe to the Blog Feed »

Recent Posts

Archives

Categories