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Washington

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Industrial

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5103 136th Street East

Updated Sep 18, 2026

Lincoln Property Company Purchases Canyon Road Commerce Center From Trammell Crow Company For $37.2M
SOLDIndustrial

Lincoln Property Company Purchases Canyon Road Commerce Center From Trammell Crow Company For $37.2M

5103 136th Street East & 5223 136th Street East

$37,200,000

$67/SF

Building Size

274,690 SF

Asset Type

Industrial

Closing

Jun 18, 2026

About this deal

AI

The property asset involved in the transaction is located at 5103-5223 136th Street East, Frederickson, WA. This industrial asset consists of a two-building warehouse site known as Canyon Road Commerce Center, with a total square footage of 274,690 and a sale price of $37,200,000, equating to a price per square foot of $135.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $37,200,000
  • Address: 5103-5223 136th Street East
  • Market: Frederickson, WA
  • Square Footage: 274,690
  • Price Per Square Foot: $135
  • Buyer: Lincoln Property Company
  • Seller: Trammell Crow Company
  • Sale Date: June 18, 2026

The buyer, Lincoln Property Company, is a Dallas-based real estate investment firm, while the seller of the property is Trammell Crow Company. The transaction was officially recorded on June 18, 2026.

Players

Lincoln Property Company
Lincoln Property CompanyBuyer
Trammell Crow Company
Trammell Crow CompanySeller

Santa Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $67 per square foot on a published $37.2M for 549,380 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.43%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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