La Caisse Affiliate Sells 7.7-Acre Des Moines Logistics Center in SeaTac for $19.8MM

The buyer paid about $145 per square foot for the 1995-built campus of four small-suite flex buildings near Seattle-Tacoma International Airport, roughly 30 percent below the Puget Sound industrial average. IC Industrial REIT, an affiliate of Canadian investor La Caisse, formerly known as Ivanhoé Cambridge, has sold the four-building Des Moines Logistics Center near Seattle-Tacoma […]