facebook

traded

+ Submit
Home

/

Deals

/

Washington

/

Industrial

/

Sale

/

7720 West Bostian Road

Ares Management Acquires LogistiCenter At Woodinville For $115.2 Million 490000 Square Feet
SOLDIndustrial

Ares Management Acquires LogistiCenter At Woodinville For $115.2 Million 490000 Square Feet

7720 West Bostian Road

$115,200,000

$235/SF

Building Size

490,000 SF

Asset Type

Industrial

Closing

Oct 13, 2025

AI

Ares Management acquired the industrial asset located at 7720 West Bostian Road in Woodinville, WA. The property encompasses 490,000 square feet and was purchased for $115.2 million, representing a price per square foot of $235.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $115,200,000
  • Sale Date: 10/13/2025
  • Address: 7720 West Bostian Road
  • Market: Woodinville, WA
  • Square Footage: 490,000
  • Price per Square Foot: $235
  • Buyer: Ares Management
  • Brokers: Andy Miller & Zach Vall-Spinosa - Kidder Mathews

This transaction marks a significant industrial acquisition on Seattle’s Eastside, facilitated by brokers Andy Miller and Zach Vall-Spinosa from Kidder Mathews, representing Ares Management in the deal.

Players

Zach Vall-Spinosa

Kidder Mathews

Broker

$188.4M

vol

4 deals

Broker
Kidder Mathews
Kidder MathewsBrokerage
Ares Management
Ares Management Buyer

Woodinville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93