Andover Company Closes 23 Leasing Deals Covering 186,423 SQFT Across Region

Seattle, WA; September 29, 2017 – The Andover Company/CORFAC International announced the closing of 23 deals covering over 186,423 square feet over 60 days: 17 industrial leases, four office leases, one industrial sale and one land sale.

• George Rockwell, SOIR, represented Ivy Jerry Trust & Ivy Edward Trust in their acquisition of the 32,754-square-foot building located at 5869 South 194th Street, Kent, WA. The building was sold by Kang and Hui Lei.

• George Rockwell, SOIR, represented lessor M-3 Properties in their lease to Arnold’s Appliance for 19,200 square feet of industrial space at M-3 properties, located 1037-1041 Andover Park East, Tukwila, WA.

• David Baumer represented RL Cook in their lease with lessor RREEF for 18,124 square feet of industrial space at SeaKing Industrial Park, located at 1521 South 92nd Plaza, Seattle, WA.

• Michael Ewing represented Lake Properties, LLC in their acquisition of 18,000-square feet of land at 8008 Portland Avenue, Tacoma, WA. The land was sold by Kim Ly Chay, Sare Sek Chay and Sok Heng Chay.

• David Baumer and Arne Svendsen represented sublessor DACO Corporation in their sublease to MoPop for 9,580 square feet of industrial space Hill Industrial Park, located at 8825 South 184th Street, Kent, WA.

• David Baumer and Arne Svendsen represented lessor Nancy and In Kim in their lease to Westwood MFG, Inc. for 9,000 square feet of industrial space at Former Del’s Building, located at 232 C Street NW, Auburn, WA.

• Jeff Crane and Brian Bruininks, CCIM, represented lessor Cabot Properties, Inc. in their lease to Olympic Aerospace for 8,224 square feet of industrial space at Federal Way Corporate Center, located at 34210 9h Avenue S., Suite 116, Federal Way, WA.

• George Rockwell, SOIR, represented True Customs Cabinetry, Inc. in their lease with lessor B&BHoldings for 8,200 square feet of industrial space at 22225 76th Avenue South, Kent, WA.

• Shane Crook and David Baumer represented lessor Bayani Worldwide Express in their lease to Dearborn Distribution for 8,000 square feet of industrial space at the Gaco Building, located at 18700 Southcenter Place, Tukwila, WA.

• Jim Bisset and Michael Hemphill represented lessor Sterling Realty Organization, Inc. in their lease to Northwest Administrators, Inc. for 7,628 square feet of office space at East Campus Corporate Park I, located at 32001 32nd Avenue South, Federal Way, WA.

• Arne Svendsen represented sublessor Fiberstore in their sublease to United States Bakery, Inc. for 6,500 square feet of industrial space at Kent Industrial Park, located at 18625 72nd Avenue South, Kent, WA.

• George Rockwell, SOIR represented lessor Clarence Friesen in their lease to OCCommunications for 6,200 square feet of industrial space at 340 Upland Drive, Tukwila, WA.

• Dave Dunn represented lessor Azose Commercial Properties in their lease to Polydrop, LLC for 5,400 square feet of industrial space at Park 76, located at 22431 76th Avenue South, Kent, WA.

• Jim Bisset and Michael Hemphill represented lessor South Lind Square, LLC in their lease to Public Hospital District No. 1 for 4,777 square feet of office space at South Lind Square, located at 425 SW 41st Street, Renton, WA.

• Jeff Crane represented lessor BKM Tukwila 117, LLC in their lease to Enjoy Technology for 4,210 square feet of industrial space at Seattle Exchange @ Southcenter, located at 1046-1048 Industry Drive, Tukwila, WA.

• Jeff Crane represented lessor BKM Tukwila 117, LLC in their lease to NW ABA for 3,695 square feet of industrial space at Seattle Exchange @ Southcenter, located at 651 Strander Boulevard, Tukwila, WA.

• Jeff Crane represented lessor BKM Tukwila 117, LLC in their lease to Teldata Systems for 3,009 square feet of industrial space at Seattle Exchange @ Southcenter, located at 1158 Industry Drive, Tukwila, WA.

• Jake Monroe and Brian Bruininks, CCIM, represented Enterprises in their lease with BKM Tukwila 117, LLC for 2,850 square feet of industrial space at Seattle Exchange @ Southcenter, located at 1162 Industry Drive, Tukwila, WA.

• Mike Hemphill and Jim Bisset represented sublessor Mohawk Carpet Distribution, Inc. in their sublease to Leonard Moen & Associates, Inc. for 2,768 square feet of office space at South Lind Square, located at 403 SW 41st Street, Renton, WA.

• Mike Hemphill and Jim Bisset represented lessor South Lind Square, LLC. in their lease to Valley Radiology & Diagnostic Services for 2,642 square feet of office space at South Lind Square, located at 4174 Lind Ave SW, Renton, WA.

• Jeff Crane represented Gutter Helmet Systems in their lease with BECU for 2,200 square feet of industrial space at Gateway Corporate Center, located at 12830 Gateway Drive, Building 1, Tukwila, WA.

• Brian Bruininks, CCIM represented lessor Kent Valley BC Associates in their lease to JMTEK, represented by Michael Hemphill, for 2,070 square feet of industrial space at Kent Business Center, located at 25426 74th Avenue South, Kent, WA.

• Jake Monroe and Jeff Crane, represented Freo Border in their lease with BKM Tukwila 117, LLC for 1,392 square feet of industrial space at Seattle Exchange @ Southcenter, located at 617 Strander Boulevard, Tukwila, 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 13 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.