Coastal Villages Region Fund (CVRF) announced Thursday that it has acquired a Seattle-area property featuring a marina and a 16,000-square-foot office building from United States Seafoods.
The property will serve as a base of operations in the Lower 48 for Coastal Villages.
The property was developed in 1963 and was once a home port for the National Oceanic and Atmospheric Administration (NOAA). It has been owned by US Seafoods since 2012.
US Seafoods and CVRF have been on the property since 2015 and both will continue to house offices there. The property will be owned and managed by Fairview Harbor, LLC, an affiliate of CVRF.
“This has been a long-time in the making and it’s a win-win for both of our organizations,” said Matt Doherty, president and CEO of United States Seafoods.
“It allows US Seafoods to focus on its core fishing operations and provides a stable home-base for CVRF’s growing fleet.”
Eric Deakin, CEO of Coastal Villages Region Fund, said the purchase highlights the expansion of the group's operations in the Bering Sea fishing sector.
- Washington commissioner dismisses Cooke 'allegations' that it needs more time to harvest farmed salmon, dismantle netpens
- Gleb Frank sells remaining stake in pollock giant Russian Fishery Company
- Outlook 2023: Impatience with the status quo will push Alaska pollock marketing forward in 2023, says GAPP exec