LaSalle Investment Management Acquires Industrial Property In Renton, WA For $120M

The industrial property located at 300 SW 27th St in Renton, WA has been sold in a closed transaction. The property spans 473,000 square feet and was sold for a price of $120,000,000, resulting in a price per square foot of $254. The transaction took place on December 19, 2022.

Summary of transaction details

• Property Type: Industrial
• Sale Price: $120,000,000
• Square Footage: 473,000
• Price per Square Foot: $254
• Address: 300 SW 27th St, Renton, WA
• Market: Renton, WA

LaSalle Investment Management acquired the property from Clarion Partners. The transaction was facilitated by the brokers Brett Hartzell & Paige Morgan from CBRE.