April 29, 2022 (Tacoma, WA) – Lee & Associates is pleased to announce the sale of the Merit Building to Sea Mar Community Health Centers. John Bauder and Harrison Laird represented the Seller. Brian Petro of Horizon Real Estate Group represented Sea Mar.
The Merit Building is a 28,050 square foot building located at 615 South 9th Street. Sea Mar Community Health will occupy the top two floors, approximately 18,000 square feet, of the 3-story building. The first floor is currently leased to two separate tenants.
The transaction closed on April 29, 2022, at $6,225,000, or approximately $222/SF.
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Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients.