MCA Realty Acquires Industrial Property In Auburn, WA For $9M

An industrial property located at 4053 Auburn Way N in Auburn, WA has been sold for $9,000,000. The property spans 67,205 square feet, resulting in a price per square foot of $134. This transaction was facilitated by MCA Realty as the buyer and Jim Honan from Neil Walter Company as the broker representing the buyer.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $9,000,000
• Address: 4053 Auburn Way N, Auburn, WA
• Market: Auburn, WA
• Buyer: MCA Realty
• Broker: Jim Honan - Neil Walter Company
• Square Footage: 67,205
• Price Per Square Foot: $134

The involvement of Jim Honan from Neil Walter Company as the broker in this deal highlights the significance of his role in representing MCA Realty as the buyer. The transaction demonstrates the demand for industrial properties in Auburn, WA and the successful negotiation by the buyer's representative to secure the property at a price of $9,000,000. This sale further adds to MCA Realty's industrial portfolio, expanding their investment in this market.