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19030 68th Avenue South

Tyler Mattox, Jason Neiger, Michael Mullahey & Sam Neglia Of MCA Realty Acquire Industrial Property From Westcore For $20.68M
SOLDIndustrial

Tyler Mattox, Jason Neiger, Michael Mullahey & Sam Neglia Of MCA Realty Acquire Industrial Property From Westcore For $20.68M

19030 68th Avenue South

$20,675,000

$149/SF

Building Size

138,296 SF

Asset Type

Industrial

Closing

Jun 22, 2026

AI

The property asset involved in the transaction is an industrial facility located at 19030 68th Avenue South in Kent. The sale was completed at a price of $20,675,000, encompassing a total square footage of 138,296. The price per square foot for this transaction amounts to $149.

Summary of transaction details:

The transaction included multiple key individuals representing both the buyer and the seller. MCA Realty's buying team consisted of four members, while the selling party was represented by Westcore. The brokerage services were provided by Newmark, who had a large team involved in facilitating the deal.

Players

Kevin Shannon

Newmark

Broker

$9.3B

vol

137 deals

Broker

Tyler Mattox

MCA Realty

Buyer

$109.5M

vol

6 deals

Buyer
MCA Realty
MCA RealtyBuyer
Westcore
WestcoreSeller

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.77%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93