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14801 Spring Street Southwest

US Elogistics Service Corp Signs 68-Month Lease For 208370 SF Industrial Space In Lakewood WA
LEASEDIndustrial

US Elogistics Service Corp Signs 68-Month Lease For 208370 SF Industrial Space In Lakewood WA

14801 Spring Street Southwest

Building Size

208,370 SF

Asset Type

Industrial

Closing

May 1, 2025

AI

The asset is an industrial property located at 14801 Spring Street Southwest, Lakewood, WA, with a total square footage of 208,370. The facility is classified as Class A in the industrial sector.

Summary of transaction details:

TA Realty, as the landlord, was represented by brokers Matt McLennan, Todd Clarke, and Ty Clarke from Kidder Mathews in this lease transaction involving US Elogistics Service Corp for the industrial facility.

Players

Matt McLennan

Kidder Mathews

Broker

$77.7M

vol

7 deals

Broker
TA Realty
TA RealtyLandlord

Lakewood Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93