Ares Management Sells 91,400 SQFT Renton Warehouse to WareSpace for $19MM

The Kent Valley asset traded at roughly $208 per square foot as Puget Sound industrial vacancy climbed to 9.3 percent in the first quarter Ares Management has divested a 91,400-square-foot warehouse at 700 Powell Ave. SW in Renton, selling the single-story distribution asset to a Maryland-based buyer for $19 million. According to King County records, […]