Home News Releases Andover Company Announces 22 Completed Deals in Washington

Andover Company Announces 22 Completed Deals in Washington

Seattle, WA; (October 19, 2018) – The Andover Company/CORFAC International announced the closing of 22 deals covering over 397,904 square feet over 60 days: 10 industrial leases, sevenoffice leases, four industrial sales and one  office sale

  • Michael Ewing represented seller Kevin Ash, Danny W. and Ann Bowling in their a salenof 1124 Valley Avenue NW to NWC-KV, LLC of a 133,293 square foot building in Puyallup, WA.
  • Brian Bruininks represented lessor Terreno Kent 216th, LLC and lessee Metropolitan Hardwood Floors (US), Inc. in their lease for 106,610 square feet of industrial space at Kent 216, located at 8030 South 216th Street, Kent, WA.
  • David Baumer represented Emerald City Enterprises in their acquisition of 3001 East Valley Road Building from 3001 Building LLC of a 33,000 square foot industrial building, located at 3001 East Valley Road, Renton, WA.
  • Arne Svendsen and David Baumer represented DePietro Enterprises, Inc. in their acquisition of Delta Electric Building from 2141 W Valley Hwy N, LLC of a 26,005 square foot industrial building, located at 2141 West Valley Highway North, Auburn, WA.
  • Jeff Crane represented R3 Investments, LLC in their acquisition of Stephens Metal Products Building from Dennis L and Alice E Stephens of an 18,000 square foot building, located at 4 West Washington Avenue, Yakima, WA 98003.
  • Michael Hemphill and Brian Bruininks, CCIM represented lessor Centerpointe Business Park Associates in their lease to Zonar for 12,710 square feet of industrial space at Centerpointe Business Park, located at 18034 and 18062 72nd Avenue South, Kent, WA.
  • Arne Svendsen and Brian Bruininks, CCIM represented lessor Harsch Investment Realty, LLC in their lease to Sparks Belting Company, LLC for 8,948 square feet of industrial space at West Park Corporate Campus, located at 3320 West Valley Highway, Auburn, WA.
  • Michael Hemphill and Shane Crook represented EC Company in their lease with LIT Industrial Limited Partnership for 8,640 square feet of industrial space at Seattle South Business Park, located at 18296 Andover Park West, Tukwila, WA.
  • Michael Hemphill and Brian Bruininks, CCIM represented lessor Centerpointe Business Park Associates in their lease to Legend ID for 7,414 square feet of industrial space at Centerpointe Business Park, located at 18024 72nd Avenue South, Kent, WA.
  • Arne Svendsen represented Destination Doors, LLC in their sublease with AIM Aerospace, Inc. for 7,200 square feet of industrial space at 1517 22nd Avenue Northwest, located in Auburn, WA.
  • Shane Crook represented Northwest Fire Systems, LLC in their lease with RREEF America REIT II CORP II for 6,750 square feet of industrial space at Kent 228th, located at 22645 83rd Avenue South, Kent, WA.
  • Michael Hemphill and Jim Bisset represented lessor Langley Commercial Partners LTD in their lease to Fairway Independent Mortgage Company for 5,764 square feet of office space at East Campus Plaza, located at 32129 Weyerhaeuser Way South, Federal Way, WA.
  • Michael Hemphill and Brian Bruininks, CCIM represented lessor Centerpointe Business Park Associates in their lease to Zonar for 4,333 square feet of office space at Centerpointe Business Park, located at 18000 72nd Avenue South, Kent, WA.
  • George Rockwell, SIOR represented lessor M-3 Properties, LLC in their lease to Emerald City Energy, Inc. for 4,000 square feet of industrial space at M-3 Business Park, located at 1001-1061 Andover Park East, Tukwila, WA.
  • Jeff Crane and Jake Monroe represented lessor Clay Street Properties, LLC. in their lease to Blaine Tech Services, represented by Shane Mahvi for 2,939 square feet of industrial space at Clay Street Business Park II, located at 215 Clay Street Northwest, Auburn, WA.
  • Michael Hemphill and Jim Bisset represented lessor Langley Commercial Partners LTD in their lease to MVP Physical Therapy for 2,844 square feet of office space at East Campus Plaza, located at 32129 Weyerhaeuser Way South, Federal Way, WA.
  • Michael Ewing represented seller Barei Properties, LLC in their sale of 231 Main Avenue South to MacFarlane Homes, LLC of a 2,758 square foot office building in Renton, WA.
  • Shane Mahvi and Jake Monroe represented Waterdaddy, Inc. in their lease with BKM Tukwila 117, LLC for 2,417 square feet of industrial space at Seattle Exchange @ Southcenter, located at 1028 Industry Drive, Tukwila, WA.
  • Arne Svendsen and Michael Ewing represented lessor PIRAMCO Kent, Inc in their lease to The Bancorp Bank for 1,700 square feet of office space at Plaza by the Green, located at 24437 Russell Road, Kent, WA.
  • Jim Bisset represented Croft, Rawlings and Bailey in their lease with Granville Court, LLC for 1,308 square feet of office space at Granville Court, located at 1010 South 336th Street, Federal Way, WA.
  • Jim Bisset and Michael Hemphill represented lessor FANA AUBURN 234, LLC in their lease to Ticor Title Company for 1,271 square feet of expansion space at Auburn Corporate Center, located at 1002 15th Street Southwest, Auburn, WA.
  • Jim Bisset represented Amplify in their lease with WeWork for a six person office at Bellevue Place, located at 800 Bellevue Way Northeast, Bellevue, WA.

Established in 1978, The Andover Company, Inc./CORFAC International was formed to provide professional real estate
brokerage services for businesses that require more versatility and support than can be offered by a sole practitioner, and more personalized service than is normally available from a national firm. Andover currently has 14 agents with over 200 years of commercial real estate experience. The Andover Company focuses primarily on selling and leasing industrial, office and investment properties in south King and north Pierce counties — the largest concentration of industrial space in the Northwest. In addition, Andover Asset Management provides property management services to both local and institutional clients.

About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail
properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has more than 80 offices throughout the Americas, Europe and Asia and in 2016 was recognized as a top 20 Commercial Real Estate Brokerage Services firm by the National Real Estate Investor. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales
transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.