MCA Realty Sells Industrial Property In Lakewood, WA For $32.9M
10107 South Tacoma Way, Lakewood, Washington 98499, United States
$32,900,000
$241/SF
Building Size
136,350 SF
Asset Type
Industrial
Closing
Oct 20, 2022
AI
The industrial property located at 10107 South Tacoma Way in Lakewood, WA, has been sold in a closed transaction. The property, spanning 136,000 square feet, was sold by MCA Realty. The deal was facilitated by Brett Hartzell, Paige Morgan, and Rebecca Perlmutter of CBRE. The sale price for the property was $32,900,000, resulting in a price per square foot of $242.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $32,900,000
- Address: 10107 South Tacoma Way, Lakewood, WA
- Market: Lakewood, WA
- Seller: MCA Realty
- Brokers: Brett Hartzell, Paige Morgan, and Rebecca Perlmutter - CBRE
- Square Footage: 136,000
- Price Per Square Foot: $242
The deal was successfully completed thanks to the efforts of Brett Hartzell, Paige Morgan, and Rebecca Perlmutter from CBRE, who represented the parties involved in the transaction.
Players
Lakewood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93