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Costco Wholesale took another step toward building a second store in the Tri-Cities, even as it continues to negotiate a long-term lease for 28 state-owned acres in Richland’s Queensgate area.
Costco will build a 183,688-square-foot building, with about 151,000 square feet dedicated to selling space. The remaining space will support utilities, shipping and receiving docks and other ...
Rent: Costco will pay a total of $12.2 million for the initial 25-year term, starting at $400,000 each year for the first five years and increasing to $586,000 years 21-25.. DNR and Costco will ...
Where are the new Costco locations? As of August 2024, Costco had 884 locations worldwide, with 611 in the U.S. and Puerto Rico, and another 108 in Canada. The warehouse giant plans to add the ...
Costco is expanding and has announced six new locations scheduled to open in early 2025. The membership warehouse giant will surpass more than 900 locations worldwide with the new additions, which ...
Financial terms. Costco offered annual lease payments of $400,000 in the first five years of the proposed 55-year deal, rising to about $585,600 in Years 21 through 25.
Costco already has around 600 locations in the United States, but it's always looking for opportunities to expand. The rest of 2024 promises 14 new locations worldwide, with nine in the United States.
The upcoming launch of these new warehouses will move Costco significantly closer to its ambitious expansion goal for 2025. Company executives revealed during a Dec. 12 earnings call that they had ...
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