The Port of Benton's new rental space at its current and former office buildings in Richland is filling up faster than anticipated.
Port commissioners Monday unanimously approved hiring G2 Construction of Kennewick for $78,800 to remodel a portion of the port's new office building for a new tenant.
The port moved into the former Science Applications International Corp. (SAIC) building at 3250 Port of Benton Boulevard about a month ago.
The port bought the 24,000-square-foot building for just under $1 million in 2012 to serve as its own offices and business incubator space, and then hired G2 Construction for a $1.8 million remodel project last year.
Work flow is much improved in the port's new offices, said Scott Keller, the port's executive director. Staff has larger work areas, and the offices are close to each other. Previously, offices were split on either side of the former office building,
The latest remodel project will finish about 6,000 square feet for a tenant. The renovation should be finished before Aug. 1, when the new tenant will move in.
Then, only about 1,500 square feet will be left to rent out, Keller said.
And the space the port vacated at its former office building, at 3100 George Washington Way, is being taken over by existing tenants in that building, allowing those businesses to grow. Keller said there will be some updating of that building as well.
The additional rental space will bring in about more $100,000 a year in revenue to the port, Keller said. That can be used for additional building upgrades and other infrastructure improvements.
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