October 31, 2017
West Valley Distribution Center I, III and V, a three-building, infill, industrial portfolio totaling 138,296 square feet in Seattle’s North Kent Valley, has been acquired by Denver-based EverWest Real Estate Partners, LLC for an undisclosed amount. HFF marketed the property on behalf of the seller, a subsidiary of Industrial Property Trust Inc., an industrial-focused program sponsored by an affiliate of Black Creek Group.
The buildings are located at 19026 and 19042 72nd Avenue South, and 19030 West Valley Highway.
HFF’s Dave Otis, Michael Leggett and Scott Pertel represented the seller. The buyer has engaged an HFF debt advisory team, including Eric Tupler and Erica Christensen, to source the financing on the asset. NAI Puget Sound Properties’ Arie Salomon and Taylor Hoff also worked on the sale.
For comments, questions or concerns, please contact Dennis Kaiser