MJR Development Acquires Office Building At 1145 Broadway In Tacoma, WA For $41.25M

The office property located at 1145 Broadway in Tacoma, WA has been sold in a recent transaction. The property spans an area of 200,000 square feet and was purchased by MJR Development, represented by Mike Raskin. The sale price for the property was $41,250,000, resulting in a price per square foot of $206.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $41,250,000
• Address: 1145 Broadway, Tacoma, WA
• Market: Tacoma, WA
• Buyer: MJR Development - Mike Raskin
• Broker: Ben Norbe, Will Frame & Drew Frame - Kidder Mathews
• Square Footage: 200,000
• Price per Square Foot: $206

The buyer in this transaction, MJR Development, was represented by Ben Norbe, Will Frame, and Drew Frame from Kidder Mathews. Their expertise in the field contributed to the successful completion of the deal. This transaction highlights the ongoing activity and growth in the Tacoma office market.