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705 Southeast Victory Avenue

Killian Pacific Acquires Land In Vancouver, WA For $96M With Colliers & Newmark Brokers
SOLDLand

Killian Pacific Acquires Land In Vancouver, WA For $96M With Colliers & Newmark Brokers

705 Southeast Victory Avenue

$96,000,000

Building Size

Asset Type

Land

Closing

Feb 1, 2024

AI

A 113-acre parcel at the Columbia Business Center in Vancouver, Washington, has been sold for $96 million in the largest transaction by total consideration for industrial land in the Portland, Oregon/Vancouver market.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $96,000,000
  • Address: 705 Southeast Victory Avenue
  • Market: Vancouver, WA

The sale was facilitated by Brian Yoakum and Jerry Matson from Colliers International, along with Grant Gooding, Jakob Nicholls, Kellen Kollmorgen, Nicholas Kucha, and Steven Golubchik from Newmark. The buyers were represented by Killian Pacific in this significant transaction.

Players

Steven Golubchik

Newmark

Broker

$2B

vol

19 deals

Broker

Vancouver Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93