Kennedy Wilson Purchases Auburn Park 44 Industrial Building From Granite 44 Auburn Park LLC For $43.75M

The property involved in this transaction is an industrial building located at 814 44th Street Northwest in Auburn, WA. The asset spans a total of 204,458 square feet and was sold for a price of $43,750,000, resulting in a price per square foot of $214.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $43,750,000
• Address: 814 44th Street Northwest
• Market: Auburn, WA
• Square Footage: 204,458 SF
• Price per Square Foot: $214
• Buyer: Kennedy Wilson
• Seller: Granite 44 Auburn Park LLC
• Brokers: Aubrie Monahan, Bryce Aberg, Jeff Chiate, Matthew Leupold & Rick Ellison - Cushman & Wakefield

The deal was brokered by Cushman & Wakefield, representing both the buyer, Kennedy Wilson, and the seller, Granite 44 Auburn Park LLC, in this significant transaction involving the acquisition financing of the industrial property.