Updated Jun 27, 2025
Rosen Harbottle Commercial Real Estate Acquires James Center Retail In Tacoma For $21.4M
6901 South 19th Street
$21,400,000
$152/SF
Building Size
140,240 SF
Asset Type
Retail
Closing
Apr 2, 2025
About this deal
AI
A retail asset located at 6901 South 19th Street in Tacoma, WA, encompasses a total area of 140,240 square feet. Rosen Harbottle Commercial Real Estate acquired the property with a loan amounting to $21,400,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $21,400,000
- Loan Terms: 10-year term with a 30-year amortization schedule
- Landlord: Rosen Harbottle Commercial Real Estate
- Brokers: Alan Hergert & Tim Brown - Gantry
The financing for this transaction was arranged by Gantry, representing the interests of Rosen Harbottle Commercial Real Estate in securing the mortgage for the James Center retail center.
On the Map
$21,400,000
$152/SF
Retail
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Players
Tacoma Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93