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Press Release: Stricker CRE and PMI Holdings Unveil Transformative Class A Masterpiece in Tri-City Journal of Business

Updated: Jul 16

Tri-Cities, WA – May 13, 2024 – StrickerCRE and PMI Holdings are thrilled to announce the imminent completion of the remarkable redevelopment of the 2810 Clearwater office building. What was once a nearly vacant two-story structure is now emerging as a modern Class A office space, breathing new life into a 40-year-old property. This project also marks PMI Holdings’ successful foray from multifamily projects into the office sector.

PMI Holdings: Led by PMI Holdings, renowned for their innovative multifamily townhouse projects in Kennewick, this redevelopment showcases their expertise as general contractors. The transformation includes a new elevator system, fully renovated interiors, and an impressive exterior façade. As PMI Holdings celebrates this milestone, they remain committed to seeking fresh opportunities through their partnership with StrickerCRE.

Office Space Details:

  • Leasing Information: The office is available for lease at $21/SF + NNN, targeting professional office and retail users. Ranging from 2,500 to 7,000 square feet, these spaces are ideal for headquarters or professional offices.

  • Sales Opportunity: This Class A property is also available for sale, presenting a unique opportunity for investors or companies seeking a prominent location and high-standard facilities.

Redevelopment Highlights:

  • Comprehensive interior and exterior renovation, elevating the property from Class C to Class A.

  • Installation of new facilities including bathrooms on both floors and an upgraded elevator system.

  • Aesthetic enhancements such as a new window package, entrance, and doors.

  • Future expansion plans on the property site, including a prominent sign facing Highway 395.

  • The strategic role of PMI Holdings as general contractors, signaling their expansion into the office real estate sector.

Contractors involves in the reconstruction:

This ambitious project has deep personal connections, as Derrick Stricker began his real estate career in this building back in 2011. It represents a significant investment in the growth and development of the Tri-Cities area and showcases the strong partnership between Stricker CRE and PMI Holdings in revitalizing and enhancing local real estate.

For more information or inquiries related to leasing or purchase, please contact StrickerCRE.


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