### Cushman & Wakefield Facilitates Sale of 204,458-SF Industrial Property in Auburn
Cushman & Wakefield has advised on the sale and acquisition financing of Auburn Park 44, a 204,458-square-foot multi-tenant industrial and distribution building situated on more than nine acres in Auburn, Washington.
Located at 814 44th Street, this freestanding facility offers a prime industrial location near Seattle. The property was acquired by Kennedy Wilson, an international real estate investment and services firm, for an undisclosed price. The seller was a global investment advisor.
The transaction was facilitated by Cushman & Wakefield’s National Industrial Group – West, including Jeff Chiate, Matthew Leupold, Bryce Aberg, Rick Ellison, and Aubrie Monahan, who represented the seller. Additionally, leasing advisory was provided by Patrick Mullin of Cushman & Wakefield and Andrew Hitchcock of CBRE.
The acquisition loan for Kennedy Wilson was arranged by Cushman & Wakefield’s Equity, Debt & Structured Finance team, consisting of Keith Padien and Max Schafer. “We received a very positive response from lenders wanting to provide the needed capital to acquire this highly attractive industrial investment asset in southern Seattle,” said Padien.
