Marcus & Millichap Sells North Seattle Industrial For $4.025M

Marcus & Millichap has announced the sale of North Seattle Industrial, an industrial property located at 927 North 128th Street and 946 North 127th Street in Seattle, Washington. The property spans 24,023 square feet and was sold for a price of $4,025,000, resulting in a price per square foot of $168. This transaction highlights the demand for industrial properties in the Seattle market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $4,025,000
• Square Footage: 24,023
• Address: 927 North 128th Street & 946 North 127th Street, Seattle, WA
• Market: Seattle, WA

The sale of North Seattle Industrial was facilitated by brokers John Marks and RJ Vara from Marcus & Millichap. Their expertise and negotiation skills played a crucial role in executing this transaction. It is worth noting that the sale price achieved was 91% of the original asking price, highlighting the strong interest in the property.