Sagard Real Estate Acquires Fully Leased 133,750-SF Industrial Property in Tukwila

Sagard Real Estate Acquires Tukwila Industrial Property
CRE Market Beat Take
The acquisition of a fully leased Kent Valley asset with a 25-year national distributor tenant reflects ongoing investor preference for stabilized infill industrial product in the Seattle region.

Sagard Real Estate has acquired 1100 Andover Park West, a 133,750-square-foot industrial property in Tukwila, Washington, in the greater Seattle market. The acquisition expands the firm’s industrial footprint in a location that serves as a key logistics and distribution hub for the Puget Sound region.

The property is positioned at the northern end of the Kent Valley, one of the area’s most established infill industrial corridors. It is situated on approximately 5.6 acres, offering occupiers proximity to major transportation infrastructure and regional demand drivers.

Tenants at 1100 Andover Park West have direct access to Interstate 5, Interstate 405 and State Route 167, facilitating connectivity to north-south and east-west freight routes across the region. The property is also located within convenient reach of Seattle-Tacoma International Airport and the Port of Seattle, enhancing its suitability for distribution, logistics and supply chain users that require multimodal access.

The building is fully leased to a national wholesale distributor that has operated at the site for more than 25 years. This long-term tenancy underscores the property’s role as a stable, established location within the Kent Valley industrial corridor.

The facility features 24-foot clear heights, 16 dock-high loading doors and four points of ingress and egress. These physical characteristics support efficient truck circulation and loading operations, and provide flexibility for a range of warehouse, distribution and industrial users.

Tom Stover, Managing Director of Acquisitions at Sagard Real Estate, described 1100 Andover Park West as representative of the functional, well-located infill industrial properties the firm targets. The transaction highlights continued investor focus on leased, distribution-oriented assets in mature infill submarkets within the greater Seattle industrial market.

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