Updated Mar 13, 2026
Tacoma Public Schools Acquires Two-Building Industrial Property From Broadstone Cable LLC For $12.1M
4401 South Orchard Street
$12,100,000
$140/SF
Building Size
86,000 SF
Asset Type
Industrial
Closing
Mar 12, 2026
About this deal
AI
Tacoma Public Schools purchased a two-building industrial property located at 4401 South Orchard Street in Tacoma, Washington, for a total of $12.1 million. The property spans 6.1 acres and offers 86,000 square feet of industrial space, resulting in a price per square foot of $141.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,100,000
- Address: 4401 South Orchard Street
- Market: Tacoma, WA
- Acres: 6.1
- Square Footage: 86,000
- Price Per Square Foot: $141
- Buyer: Tacoma Public Schools
- Seller: Broadstone Cable LLC
- Brokers: Bob Frederickson, Bob Frederickson & Vladimir Olyanich - Coldwell Banker
Bob Frederickson and Vladimir Olyanich from Coldwell Banker represented the parties in the transaction, facilitating the deal between Tacoma Public Schools and Broadstone Cable LLC.
Players
Tacoma Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93