Woodinville Industrial Park Sells For $47.2M
The Park at Woodinville recently sold in an off-market transaction for nearly $47.2M. The Class-A industrial park at 14103 NE 200th St. in Woodinville was purchased by Bellevue-based Park Row LLC.
Private equity real estate firm KBS sold the 239,607 SF warehouse and light-manufacturing facility for $197/SF. The buyers were represented by Kidder Mathews brokers Todd Gauthier and Jason Bloom.
The industrial park includes a café/deli, loading docks and outdoor patios as well as nearby shopping, dining and wine tasting. The park is close to SR-522 and Interstate 405.
Earlier this month, Park Row LLC sold the 1-acre Park Row Shopping Center property in downtown Bellevue to British Columbia-based Bosa Development, according to The Registry.