La Caisse Affiliate Sells 116,000 SQFT Renton Warehouse for $19.6MM in Third Puget Sound Exit in Two Weeks

IC Industrial REIT sold its 1974-built Thomas Avenue warehouse for about $169 per square foot, bringing its Kent, SeaTac and Renton sales to $49.9 million as its parent, La Caisse, moves its real estate from direct ownership to partnerships.