Updated May 21, 2025
Nu-Ra Metals Acquires Industrial Property At 507 North Levee Road From Link Logistics For $18.25M
507 North Levee Road
$18,250,000
$165/SF
Building Size
110,000 SF
Asset Type
Industrial
Closing
May 19, 2025
About this deal
AI
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:
- Property Type: Industrial
- Transaction Amount: $18,250,000
- Address: 507 North Levee Road
- Market: Puyallup, WA
- Square Footage: 110,000
- Price Per Square Foot: $166
- Buyer: Nu-Ra Metals
- Seller: Link Logistics
- Brokers: Morgan Richey, Taylor Hoff & Thad Mallory - Newmark
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.
On the Map
$18,250,000
$165/SF
Industrial
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Players
Puyallup 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93