Port moves to buy 10,500 sq ft BRC building for $975,000; commission authorizes agreement

The Port of Bremerton approved a purchase and sale agreement to acquire the 10,500‑square‑foot BRC building at 8390 Southwest Barney White Road for $975,000, staff told commissioners.

Port staff said Fact Sheet Repair currently occupies the building and the seller agreed to remove the tenant before closing. The agreement includes a 45‑day feasibility period and a closing scheduled 30 days after that period. Staff said the port would receive a copy of the seller’s appraisal and that the seller agreed to notify lien holders that equipment must be removed prior to closing.

Budget and financing: staff said the port had budgeted $630,577 in the 2025 capital budget toward a building design and future build‑out. Staff estimated the cost to design and build a comparable new facility at more than $2 million, and said the purchase would reduce the immediate capital needed for additional space. After applying the budgeted $630,577, staff said the port would need roughly $319,000 from capital reserves to complete the purchase.

Commission action: a commissioner moved to approve the agreement and to authorize the CEO to execute the purchase and related documents. The meeting record shows a roll call in which multiple commissioners answered affirmatively and the chair declared the motion carried. The motion authorized final steps including the feasibility inspections and obtaining documentation specified in the purchase agreement.

Next steps: staff will complete the building inspections during the 45‑day feasibility period and report back if any material issues arise; the agreement gives the port rights to renegotiate or withdraw based on inspection findings.

Ending: Commissioners said the acquisition is an opportunity to add industrial building inventory in Bremerton and that staff will provide inspection photos and a full report to the commission before closing.