Updated Sep 18, 2026
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.
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Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93