Updated Aug 27, 2025
Gantry Arranges $11 Million Loan To Refinance Industrial Portfolio In Marysville Tukwila Kent
22221 70th Avenue South
$11,000,000
$88/SF
Building Size
124,640 SF
Asset Type
Industrial
Closing
Aug 15, 2025
About this deal
AI
A permanent loan of $11 million was arranged to refinance a four-building industrial portfolio located in Marysville, Tukwila, and Kent, WA. The total square footage of the portfolio is 124,640 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,000,000
- Loan Type: Refinance
- Market: Marysville, Tukwila & Kent, WA
- Brokers: Mike Wood, Tim Brown & Tim Brown - Gantry
The loan was facilitated by Gantry, showcasing their expertise in arranging financing for industrial portfolios within the specified markets.
On the Map
$11,000,000
$88/SF
Industrial
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Players
Kent Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93