November 7, 2024 (Bellevue, WA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, is pleased to announce the successful lease of a 149,340-square-foot warehouse, along with three acres of secured auxiliary yard/parking, at Tumwater Corporate Center in Tumwater, WA. The tenant, Daedong-USA, Inc., a leading Korean tractor manufacturer, will use the facility to distribute products under its Kioti brand, imported through the Northwest Seaport Alliance’s North and South bays.

Daedong-USA, a subsidiary of Daedong Corporation, has over 70 years of experience in agricultural technology and specializes in tractors, utility vehicles, and agricultural equipment. Known for its innovation in smart farming solutions and autonomous machinery, Daedong-USA’s Kioti brand is trusted globally, with exports to more than 70 countries.

"We are thrilled to welcome another multinational company to the Pacific Northwest, especially one with the strong reputation that Daedong-USA has," said Billy Moultrie, Principal at Lee & Associates. "Tumwater Corporate Center offers a state-of-the-art, Class A distribution facility with ample yard space, strategically located for efficient distribution to key markets in California, Oregon, Idaho, Washington, and Canada. Additionally, its proximity to the Northwest Seaport ensures seamless import operations."

The lease transaction was facilitated by the Lee & Associates team, including Billy Moultrie, Christian Mattson, SIOR, and Chris Peterson, SIOR, CCIM.

 

ABOUT DAEDONG-USA

Daedong-USA, Inc., distributes Kioti tractors and equipment, part of Daedong Corporation’s 70+ year legacy in innovative agricultural solutions. With an expanding portfolio of autonomous and AI-driven technologies, Daedong-USA serves customers globally and continues to lead advancements in smart farming. For more information, visit Daedong-Kioti.

 

ABOUT LEE & ASSOCIATES

Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Instagram, and Link, our company blog.