CORFAC News

Contact:
Heather Seymour
(206) 336-5335
hseymour@andoverco.com

Seattle, WA (April 16, 2012) – The Andover Company/CORFAC International announced the closing of 23 deals covering over 371,000 square feet over 60 days: 15 industrial leases, two industrial building sales, five office leases, and one office sale.

• Brian Bruininks, CCIM, represented Property Reserve in their lease renewal to tenant Flow International for 146,239 square feet of industrial space at Van Doren’s Landing Center, located at 23500 64th Avenue S., Kent, WA.
   
• Dave Baumer represented Bruce and Carol Kranak in their lease renewal to tenant Fiserv Incorporated for 49,207 square feet of industrial space at Southcenter Corporate Park, located at 19615 Russell Road, Kent, WA.
   
• George Rockwell, SIOR, represented Burien Investors in their lease to tenant JAS Forwarding (USA) for 33,118 square feet of industrial space at Van Doren’s North, located at 22615 54th Avenue S., Kent, WA.
   
• George Rockwell, SIOR, represented Poplar Development Co. in their lease to tenant Alliance Flooring Services for 30,250 square feet of industrial space at 1012 6th Avenue North, in Kent, WA.
   
• Bruce Clarkson represented 4746 Ohio Avenue South LP in their lease to tenant Lantern Press LLC for 12,000 square feet of industrial space at Port 106 Building, located at 4770 Ohio Ave. S., Suite B, Seattle, WA.
   
• Dave Baumer represented seller Bruce Hood in the industrial sale of the Hill Stamping Building to buyers Herb and Shirley Jackson. The Hill Stamping Building comprises 10,000 square feet and is located at 3203 C Street, Auburn, WA.
   
• Dave Baumer represented Seattle Opera in their lease with lessor 212th Business Center for 10,500 square feet of industrial space at 212th Business Center, located at 7818 S. 212th, Kent, WA.
   
• Mike Hemphill and Jim Bisset represented lessor Metzler I Springbrook LP in their lease to tenant Tektronix Inc for 8,907 square feet of industrial space at Springbrook Business Park II, located at 7649 S. 180th, Kent, WA.
   
• Mike Hemphill represented Andover Plaza, LLC in their renewal lease with lessee US Healthworks for 8,036 square feet of office space at Andover Plaza, located at 200 Andover Park East, Tukwila, WA.
   
• Bruce Clarkson represented 4746 Ohio Avenue South LP in their lease to tenant Jan Sewell Design LLC for 8,000 square feet of industrial space at Port 106 Building, located at 4770 Ohio Ave. S., Suite B, Seattle, WA.
  
• Jeff Crane represented lessor Harrison JV in their lease to tenant Addiction Foods, LLC, represented by Andover agents Sean Durkin and Jim Bisset, for 7,500 square feet of industrial space at Harrison Building #1, located at 8228 S. 192nd Street, Kent, WA.
   
• Shane Crook and Mike Hemphill represented Market Contractors, Ltd. in their renewal lease to tenant Steel Rule Concepts, LLC for 7,471 square feet of industrial space at Riverbend Industrial Center, located at 19221 62nd Avenue S., Kent, WA.
   
• Mike Hemphill and Jim Bisset represented lessor Metzler I Springbrook LP in their lease to tenant Sherpa Adventure Gear, LLC & DUO Wear, Inc. for 6,695 square feet of industrial space at Springbrook Business Park I, located at 7857 S. 180th Street, Kent, WA.
   
• Brian Bruininks, CCIM, and Sean Durkin represented sublessor Nestor Sales with their sublease to sublessee RBA Furniture for 6,500 square feet of industrial space at West Valley Business Park, located at 18625 72nd Avenue S., Kent, WA.
   
• Bruce Clarkson represented Knight Transportation, Inc. in their acquisition of a 4,884 square feet industrial building located at 7800 S. 206th Street, Kent, WA. The seller was Cordova, LLC.
  
• Bruce Clarkson represented lessor 4746 Ohio Avenue South LP in their lease with tenant Churchkey Can Co., Inc. for 4,800 square feet of industrial space at Port 106 Building, located at 4750 Ohio Ave. S., Suite A, Seattle, WA.
   
• Bruce Clarkson represented lessor 4746 Ohio Avenue South LP in their lease with tenant George Simon Design, Inc. for 4,800 square feet of industrial space at Port 106 Building, located at 4632 Ohio Ave. S., Suite C, Seattle, WA.
   
• Bruce Clarkson represented lessor 4746 Ohio Avenue South LP in their lease with tenant Jet Parts Engineering Inc. for 4,000 square feet of industrial space at Port 106 Building, located at 4770 Ohio Ave. S., Suite C, Seattle, WA.
   
• Dave Dunn, CCIM, and Jim Bisset represented lessor Renton Plaza Associates with their lease to tenant Pacific iD for 2,785 square feet of office space at Renton Plaza, located at 1400 Talbot Road S., Renton, WA.
   
• Dave Dunn, CCIM, and Jim Bisset represented lessor Renton Plaza Associates with their lease to tenant American Fast Freight for 2,017 square feet of office space at Renton Plaza, located at 1400 Talbot Road S., Renton, WA.
   
• Mike Ewing and Connie Boyle, CCIM, represented Ming Ming Su-Brown/James T. Kurtz in the acquisition of a 2,001 square foot office condo known as Spa Del Lago, located at 1929 43rd Avenue E., #100, Seattle, WA.
   
• Dave Dunn, CCIM, and Jim Bisset represented lessor Renton Plaza Associates with their lease to tenant Isola Investments for 1,522 square feet of office space at Renton Plaza, located at 1400 Talbot Road S., Renton, WA.
   
• Mike Hemphill represented lessor Steve Harris in their lease with tenant Grady Financial, represented by Andover agent Sean Durkin, for 577 square feet of office space at 1314 Central Avenue S., Kent, WA.

Established in 1978, The Andover Company, Inc./CORFAC International was formed to provide professional real estate brokerage services for businesses that require more versatility and support than can be offered by a sole practitioner, and more personalized service than is normally available from a national firm. Andover currently has 14 agents with over 180 years of commercial real estate experience. The Andover Company focuses primarily on selling and leasing industrial, office and investment properties in south King and north Pierce counties — the largest concentration of industrial space in the Northwest. In addition, Andover Asset Management provides property management services to both local and institutional clients.

About CORFAC International
CORFAC International (Corporate Facility Advisors) is one of the largest commercial real estate services organizations in the world. Founded in 1989, U.S.-based CORFAC is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate, multifamily properties, property management and corporate services in North America, with coverage in South America provided by Panama-based Latin American Corporate Property Services. A Principal Member of FIABCI – the International Real Estate Federation with global affiliates in Europe and Asia, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. For more information on CORFAC, contact 954-923-6160, info@corfac.com or visit www.corfac.com.

For more information, please contact Heather Seymour of The Andover Company, Inc./CORFAC International at (206) 336-5335.