Subscribe
Home Finance Ares Management Sells 91,400 SQFT Renton Warehouse to WareSpace for $19MM
FinanceIndustrialIndustry News

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

April 16, 20263 Mins read1k
Share
Aerial view of Renton, WA
Image by Wirestock on iStock
Share

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, […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
warehouse facade Previous post TA Realty Acquires 128,700 SQFT Kent Warehouse for $23.3MM

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts

text reading AI

AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%

ByOctober 16, 2026


Recent Posts

View of lake Sammamish and Issaquah from Poo Poo Point

Issaquah Taps Final $3.4MM to Ready 21,000 SQFT Maple Street Office Building for 2027 City Hall Move

ByOctober 17, 2026
Buildings

Wallace Properties Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend

October 17, 2026
Warehouse with trucks

DSV Builds 750,000 SQFT Semiconductor Logistics Hub in Hillsboro, the Portland Market’s Tightest Submarket

October 16, 2026
Industrial property with red trucks

Panattoni Readies 583,000 SQFT Mt. Vista Logistics in Vancouver as Orchards Availability Sits at 19.5%

October 16, 2026
zac-gudakov-ejL8-QT7h64-unsplash-redmond

KBS Sells 107,000 SQFT Offices at Riverpark in Downtown Redmond to Palisade Group, Olive Point Joint Venture for $27.5MM

October 16, 2026
Related Articles
View of lake Sammamish and Issaquah from Poo Poo Point
AECCommercialIndustry News

Issaquah Taps Final $3.4MM to Ready 21,000 SQFT Maple Street Office Building for 2027 City Hall Move

Issaquah is spending the last $3.4 million of a $16.3 million one-time-funded...

ByOctober 17, 2026
Buildings
CommercialFinanceIndustry News

Wallace Properties Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend

Bellevue-based Wallace Properties paid $6.6 million for the 22,658-square-foot Creekside Professional Center...

ByOctober 17, 2026
Warehouse with trucks
AECIndustrialIndustry NewsLeasingPortland

DSV Builds 750,000 SQFT Semiconductor Logistics Hub in Hillsboro, the Portland Market’s Tightest Submarket

DSV's 750,000-square-foot owner-occupied hub in Hillsboro is the only one of the...

ByOctober 16, 2026
Industrial property with red trucks
AECIndustrialIndustry NewsLeasingPortland

Panattoni Readies 583,000 SQFT Mt. Vista Logistics in Vancouver as Orchards Availability Sits at 19.5%

Panattoni is finishing one of the largest speculative warehouses in Clark County...

ByOctober 16, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com