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48,000 SQFT Pac Companies Building in Redmond Trades for $19MM

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Photo by Zac Gudakov on Unsplash
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In a Puget Sound industrial market recording negative absorption and softening rents, a Kirkland buyer paid $396 per square foot for a 48,000-square-foot Redmond warehouse — a bet that the Eastside's technology-density premium and 2.55-acre land position make it a different market entirely than the one the regional numbers describe. A Kirkland-based entity has paid […]

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