WOODINVILLE, Wash., (July 5, 2016) – KBS Realty Advisors of Newport Beach, California announced today the signing of two leases totaling 21,702 square feet at The Park at Woodinville. Advanced Protective Coating signed a new 8,965-square-foot lease and Dan Terry & Associates renewed its 12,737-square-foot lease.
The Park at Woodinville is a Class A, five building warehouse facility in the Seattle-adjacent Eastside industrial market. Located just one-mile north of downtown Woodinville, The Park at Woodinville provides easy access to three major Washington cities – Bellevue, Seattle and Everett. The property is also situated next to one of the largest industrial winery locations in the state of Washington. The Park at Woodinville offers tenants easy access to loading docks, nearby dining and shopping, and convenient walking trails.
Dan Terry & Associates is one of the premier resources for innovative design consultation and custom thermal solutions. Advanced Protective Coating is a certified ceramic pro installer for automotive and marine vehicles.
“We are excited to continue our relationship with Dan Terry & Associates and welcome Advanced Protective Coating to The Park at Woodinville,” said KBS Senior Vice President Mark Brecheen. “We believe The Park at Woodinville’s prime location will continue to attract innovative and industry-leading tenants.”
Matt Little from Westlake Associates represented Advanced Protective Coating and Dan Terry & Associates represented themselves in their respective deals. Derek Heed with Colliers represented KBS Realty Advisors in both deals.
KBS Realty Advisors is a private equity real estate company and SEC-registered investment advisor founded in 1992. KBS Realty Advisors and its affiliated companies have completed transactional activity of over $31.9 billion via 14 separate accounts, six commingled funds, five sovereign wealth funds and seven non-traded REITs. For information, visit www.kbs.com.