Redmond 8660 LLC Acquires Industrial Property In Monroe, WA For $45M

The industrial property located at 14655 Fryelands Blvd SE in Monroe, WA has been sold in a closed transaction. The property spans 12.6 acres and encompasses a total of 214,364 square feet. The sale price for this transaction was $45,000,000, resulting in a price per square foot of $210. The property was acquired by Redmond 8660 LLC from the seller, Sterling Realty Organization. The deal was facilitated by brokers Zach Vall-Spinosa and Andy Miller from Kidder Mathews.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $45,000,000
• Address: 14655 Fryelands Blvd SE, Monroe, WA
• Market: Monroe, WA
• Size: 12.6 acres
• Buyer: Redmond 8660 LLC
• Seller: Sterling Realty Organization
• Brokers: Zach Vall-Spinosa & Andy Miller - Kidder Mathews

This transaction marks the successful acquisition of the industrial property by Redmond 8660 LLC. The deal was facilitated by brokers Zach Vall-Spinosa and Andy Miller, representing their respective agency, Kidder Mathews. The property offers a significant square footage of 214,364 and is situated on 12.6 acres in Monroe, WA. The sale price of $45,000,000, which translates to a price per square foot of $210, showcases the value of this industrial asset.