Seattle, WA (December 28, 2015) – The Andover Company/CORFAC International is pleased to announce the recent sale of Federal Way Corporate Center in Federal Way, Washington for $7.6 million to Cabot Properties.
Brian Bruininks, CCIM and Jeff Crane represented the buyer and seller in the sale. Fedway Group LLC sold the 73,498-square-foot industrial park to Cabot Properties, which has retained Brian and Jeff as their leasing agents.
The industrial business park was built in 2001 and is leased to three tenants. The property address is 34210 9th Avenue South in Federal Way, WA. Federal Way is approximately 23 miles south of Seattle and located off of Interstate 5.
About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has 49 offices in the U.S., 7 in Canada and 25 offices internationally. Founded in 1989, CORFAC firms completed (in 2014) more than 10,000 lease and sales transactions totaling 400 million square feet of space valued in excess of $7.4 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com