Updated Oct 12, 2026
CAT Investments VII LLC Acquires Industrial Property From Unicorn Properties In Seattle For $9.8M
2600 West Commodore Way
$9,800,000
$163/SF
Building Size
60,000 SF
Asset Type
Industrial
Closing
Sep 11, 2025
About this deal
AI
The industrial property located at 2600 West Commodore Way in Seattle, WA was sold for $9,800,000. This asset encompasses 60,000 square feet and was previously purchased for $11.4 million by the seller, Unicorn Properties. The transaction reflects a decrease in sale price attributed to higher interest rates, partial vacancy, and minor capital needs.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,800,000
- Sale Date: 09/11/2025
- Buyer: CAT Investments VII LLC
- Seller: Unicorn Properties
- Brokers: Zane Shiras & Sean Durkin - Lee & Associates
- Square Footage: 60,000
- Price per Square Foot: $163
Zane Shiras and Sean Durkin from Lee & Associates represented the transaction for both the buyer and the seller, ensuring the deal was facilitated smoothly between CAT Investments VII LLC and Unicorn Properties.
On the Map
$9,800,000
$163/SF
Industrial
View full map
Players
Seattle Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Sean Durkin to view all their deals.
Browse Seattle industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93