Marcus & Millichap Secures $67M Loan For Federal Way Industrial Park

An industrial park located at 33815 Weyerhaeuser Way South in Federal Way, WA has recently undergone a closed transaction. The property spans 441,713 square feet and features various industrial facilities. The deal was facilitated by Gary Mozer from Institutional Property Advisors (IPA).

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $67,000,000

IPA Capital Markets, a division of Marcus & Millichap, secured $67 million in financing for the industrial park. The loan terms are set at three-year floating rate. This transaction showcases the expertise of Gary Mozer from IPA, who played a crucial role as the broker representing the parties involved in the deal.