Updated Feb 28, 2025
LaSalle Investment Management Acquires Industrial Property In Renton, WA For $120M
300 Southwest 27th Street, Renton, Washington 98057, United States
$120,000,000
$253,699/SF
Building Size
473 SF
Asset Type
Industrial
Closing
Dec 19, 2022
About this deal
AI
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.
Players
Renton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Paige Morgan to view all their deals.
Browse Washington industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93