CORFAC News

Contact:
Leslie Harper
(206) 336-5342
lharper@andoverco.com

Seattle, WA (September 2, 2014) – The Andover Company/CORFAC International announced the closing of 11 deals covering over 94,666 square feet over 60 days: five industrial leases, four office leases, one office sale,  and one retail lease.

• Arne Svendsen and Brian Dennehy represented lessee United Rentals in their lease with lessor Charles & Emma Frye Free Public Art Museum for 20,000 square feet of industrial yard space at 7101 8th Avenue South, Seattle, WA.
• Bruce Clarkson represented seller 2764 1st Ave S LP in their sale to buyer GBS Investments, LLC for 16,500 square feet of office space at the Bank of America Bldg., located at 2764 1st Avenue South, Seattle, WA.
  
• Brian Dennehy represented lessor Lynch Industrial Park, LLC in their lease to lessee West Coast Fibre for 16,000 square feet of industrial space at Lynch Industrial Park, LLC, located at 832 S. 3rd Avenue, Kent, WA.
  
• Dave Baumer and Arne Svendsen represented lessor DACO in their lease to lessee EMP for 13,680 square feet of industrial space at the DACO Building, located at 8825 South 184th, Kent, WA.
  
• Dave Baumer and Arne Svendsen represented lessor DACO in their lease to lessee Freight Systems for 12,757 square feet of industrial space at Park 222,  located at 8531 S. 222nd, Kent, WA.
  
• Brian Bruininks, CCIM, Sean Durkin, CCIM, and Arne Svendsen represented lessor Harsch Investment Properties, LLC in their lease to lessee The Seattle Times, represented by Dave Baumer, for 5,991 square feet of industrial space at West Park Corporate Campus, located at 3320 West Valley Highway North, Suite D-107, Auburn, WA.
  
• Brian Bruininks, CCIM represented lessor Property Reserve, Inc. in their lease to lessee Critical Care Systems for 5,574 square feet of industrial space at the Landing Center, Building D, located at 22623 68th Avenue South, Kent, WA.
  
• Brian Bruininks, CCIM, and Sean Durkin, CCIM represented lessor Dahlgren Interurban, LLC in their lease with lessee Reliant Group, Inc. for 3,237 square feet of office space at the Dahlgren Industrial Building, located at 13975 Interurban Avenue South, Tukwila, WA.
  
• Mike Hemphill and Jim Bisset represented lessor South Lind Square, LLC in their lease to lessee Hanger Posthetics & Orthotics, Inc. for 2,755 square feet of office space at South Lind Square, located at 401 SW 41st Street, Renton, WA.
  
• Arne Svendsen represented lessee Trial Exhibits, Inc. in their lease with lessor Charles & Emma Frye Free Public Art Museum for 1,414 square feet of office space at the Frye Commerce Center, located at 2414 SW Andover Street, Ste. D210, Seattle, WA.
  
• Mike Hemphill represented lessee Snoqualmie Ridge Chiropractic, PLLC in their lease with lessor Fanning Properties I, LLC for 1,400 square feet of retail space at Gateway Plaza, located at 8026 Douglas Avenue SE, Snoqualmie, WA.
  
• Brian Dennehy and Brian Bruininks, CCIM, represented lessor PE Investments, LLC NO. 3/TRF Pacific in their lease with lessee Kirsten Erickson LICSW for 932 square feet of office space at The Orion Building, located at 2743 California Ave. W, Seattle, WA.
  

About The Andover Company, Inc./CORFAC International
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 15 agents with over 200 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.

CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC International is celebrating its 25th anniversary in 2014. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 60 countries worldwide. In recent years, CORFAC firms have averaged over 8400 completed transactions annually totaling more than 426 million square feet worth of space and in excess of $6.9 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.