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Nu-Ra Metals Acquires Industrial Property At 507 North Levee Road From Link Logistics For $18.25M

Property Image
SOLD
$18,250,000
Taylor Hoff
Thad Mallory
Morgan Richey

Washington

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Industrial110,000 SF
Sold 05/19/2025
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Property Image
SOLD

Nu-Ra Metals Acquires Industrial Property At 507 North Levee Road From Link Logistics For $18.25M

507 North Levee Road

See Similar Deals
Industrial110,000 SF
Sold 05/19/2025
Taylor Hoff
Thad Mallory
Morgan Richey
the dealplayerscompscontact
Contact now

Summary

WASHINGTON
Asset Type:Industrial
Price Per Square Foot:$165
Total Square Footage:110,000 SF
Transaction Type:Sale

The transaction involved an industrial property located at 507 North Levee Road in Puyallup, WA, which was sold for $18,250,000. The asset encompasses 110,000 square feet of manufacturing-ready space, with strong transportation access and regional industrial connectivity.

Summary of transaction details:

The deal was facilitated by Newmark's Seattle Industrial Team, which represented Link Logistics in the transaction. This team played a crucial role in brokering the sale of the property, emphasizing its strong market position within the industrial sector.

Players

Taylor Hoff
Newmark
Taylor Hoff
2 deals$38.3M volume
BROKER
Thad Mallory
Newmark
Thad Mallory
2 deals$24.5M volume(425) 362-1410
BROKER
Morgan Richey
Newmark
Morgan Richey
1 deal$18.3M volume(206) 919-1450
BROKER

Details

SOLD
IMAGE: 05/19/2025 ADDRESS: 507 North Levee Road MARKET: Puyallup, WA ASSET TYPE: Industrial BUYER: Nu-Ra Metals SELLER: Link Logistics BROKERS: Morgan Richey, Taylor Hoff & Thad Mallory - Newmark SALE PRICE: $18,250,000 SF: 110,000 ~ PPSF: $166 NOTE: Newmark's Seattle Industrial Team brokered the $18.25M sale of a 110K sq. ft. industrial property at 507 N Levee Rd in Puyallup, WA, from Link Logistics to Nu-Ra Metals. The site offers manufacturing-ready space with strong transportation access and regional industrial connectivity. #

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$973,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$64,838.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$86,514.31
Annual Debt Service$1,038,171.73