Renton Warehouse Sells For $11.3M

Courtesy of Colliers International
Lba Realty Llc Recently Purchased This 81,700 Sf Warehouse In Renton For $11.3M.

LBA Realty LLC recently purchased an 81,700 SF warehouse in Renton for $11.3M. The warehouse, at 3002 Lind Ave., sits on 4.06 acres. Two-thirds of the warehouse was vacant at the time of sale.

The warehouse has 24-foot clear height ceilings. The Renton location has easy access to Highway 167 and interstates 405 and 5.

“We received a lot of interest in the 3002 Lind Avenue Building from investors from all over,” Colliers International Executive Vice President Matt McGregor said.

McGregor and Colliers’ Bill Condon arranged the transaction. The seller was Lind Ave LLC. McGregor and Condon will act as leasing agents on behalf of LBA Realty.

Continue reading this story with a free account

Log in or register
Related Topics: Warehouse
Sign up for more articles like this
Subscribe to Bisnow's Seattle Newsletters
Related Stories

Global Volatility Giving Boston Industrial Tenants Pause On Long-Term Deals

FedEx's Consolidation Plan Puts $3B Of CMBS Debt In Crosshairs

Ares, Canadian Pension Investor Launch $2.4B U.S. Logistics JV

REPORT: Amazon Eyes Next Industrial Push With Plans To Expand Same-Day Deliveries

Lineage Suing Solar Company Altus Power Over Boyle Heights Warehouse Fire

Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial Development

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Data Center Demand Has Made IOS An Institutional Capital Playground

How Prologis Conquered The World

'The Box Isn't The Whole Story': Where Phoenix's Industrial Growth Is Heading

Lone Star JV Buys 2M SF R&D Portfolio In Silicon Valley

Miami-Dade Overturns Mayor's Veto For 2.7M SF Kelly Tractor HQ Beyond Urban Development Boundary