Bridge Logistics Properties Acquires Building E At FRED310 Industrial Park For $174.5M

The property asset involved in this transaction is an industrial facility located at 6920 192nd Street East in South Hill, WA, comprising 310 acres. The sale price for this asset was $174,500,000. It encompasses a total square footage of 783,000, resulting in a price per square foot of $223.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $174,500,000
• Square Footage: 783,000
• Price per Square Foot: $223
• Buyer: Bridge Logistics Properties (BLP)
• Seller: Adon Panattoni - Panattoni Development Company & Michael Levy - Crow Holdings
• Brokerage: Cushman & Wakefield
• Sale Date: 07/24/2026

This transaction involved Bridge Logistics Properties acquiring Building E at the FRED310 industrial park, with the deal facilitated through the representation of Cushman & Wakefield. The sellers, Adon Panattoni and Michael Levy, are associated with Panattoni Development Company and Crow Holdings, respectively.