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:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Landlord: TA Realty
- Tenant: US Elogistics Service Corp
- Brokers: Matt McLennan, Todd Clarke & Ty Clarke - Kidder Mathews
- Lease Duration: 68 months
- Market: Lakewood, WA
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
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