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The Herald Business Journal
May, 2013



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Kurt Batdorf, Editor
kbatdorf@heraldnet.com
Published: Tuesday, May 1, 2012

Kimberly-Clark puts Everett mill on market

EVERETT -- Kimberly-Clark officially put its now-closed Everett paper mill up for sale April 26 and says demolition of structures there will commence by summer. The 66.4-acre property is offered "unpriced" through brokers Kidder Mathews and Binswanger.

Kimberly-Clark Corp. and Atlas Holdings were in talks for the sale of the plant in December, but the negotiations failed when environmental cleanup of Everett's East Waterway became an issue.

This PDF has a detailed map of the offered "Everett Marine Industrial Property," breaking down the mill's present layout to the hundredth of an acre.

But there is no mention of the fact the city has imposed a moratorium on development of the property, which is presently zoned for heavy manufacturing.

A news release says Kimberly-Clark "plans to commence demolition of the structures on the property by this summer. Kidder Mathews and Binswanger expect this waterfront property to appeal to a wide variety of businesses and industries on a national/international basis, including marine industrial companies who will benefit from the deep-water-port component of the property, the extensive BNSF rail system adjacent to the site, as well as the property's extraordinary utility capacity and on-site water treatment facility."

Dave Speers, a senior vice president at Kidder Mathews, is quoted as calling the mill property "very rare, major salt-water marine industrial property of significant size."

In a news release, the property brokers said the site boasts more than 2,500 linear feet of deep-water industrial shoreline area. The property is immediately adjacent to Naval Station Everett, home of the USS Nimitz carrier battle group and the Port of Everett main terminal. Kidder Mathews and Binswanger expect this waterfront property to appeal to a wide variety of businesses and industries on a national/international basis, including marine industrial companies who will benefit from the deep-water-port component of the property, the extensive BNSF rail system adjacent to the site, as well as the property's extraordinary utility capacity and on-site water treatment facility.

Kidder Mathews is one of the largest independently owned commercial real estate firms on the West Coast, with offices in Washington, Oregon and California. Headquartered in Philadelphia, Binswanger is an international full-service real estate organization with offices in the U.S., Canada, Latin America, Europe, the Middle East and Asia.


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