The U.S. Common Assistance Administration is advertising its 129-acre Pacific Point property in Auburn. The property on the corner of 15th Avenue Southwest and C Avenue Southwest will be marketed at auction beginning Aug. 30 with a setting up value of $80 million, in accordance to the GSA.
Pacific Point has been the GSA’s regional headquarters for additional than half a century. Social Safety and Federal Protecting Services employees also function out of offices at Pacific Point. Immediately after advertising the residence, the GSA will relocate to Tacoma in 2022.
The GSA is a federal company that facilitates basic governmental features these as offering transportation and office environment areas for federal workplaces and negotiating contracts. The GSA manages all around 370 million rentable square feet across the U.S. and oversees $75 billion in contracts each individual 12 months.
The Pacific Stage home currently has all-around 1 million square toes of space, together with two huge office properties, 7 warehouses, a daycare constructing and numerous scaled-down buildings.
“We are thrilled to provide this residence for new enhancement following it has served the federal government and its citizens so properly for so many years,” mentioned Acting Regional Administrator Chaun Benjamin. “This is a important milestone to be ready to present this house again to the neighborhood to fulfill its wants.”
The shift out of Auburn ought to have a minimum influence on Auburn inhabitants, General public Affairs Officer Chad Hutson said.
The U.S. Military initially obtained 435 acres of farmland in 1944 and developed 20 warehouses for storage all through Globe War II. In 1962, the GSA took above 172 acres of the home which includes several structures, and the relaxation of the land was offered to private developers. In the 1990s, the GSA donated portions of the land to be used by Auburn, together with what is now GSA Park.
The sale of the property in Auburn is portion of a larger program to shrink the federal footprint and get rid of underused properties, according to the GSA internet site.