CORFAC News

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

Seattle, WA (September 12, 2013) – The Andover Company/CORFAC International announced the closing of 23 deals covering over 409,314 square feet over 60 days: 15 industrial leases, one industrial building sale, four office leases, two retail leases and one retail sale.

• George Rockwell, SIOR, represented lessor Andover West, LLC in their lease to Nordstrom, Inc. for 126,209 square feet of industrial space at the Andover West Building, located at 435 Minkler Boulevard, Tukwila, WA.
• George Rockwell, SIOR, represented seller Sixth Ave. Building, LLC in their sale of an industrial building to Marquez Properties Seattle, LLC. The 50,200 square foot building is located at 5930 6th Avenue, Seattle, WA.
• Dave Baumer represented lessor Bruce and Carol Kranak in their lease to Fiserv Inc. for 49,207 square feet of industrial space at 19615 Russell Road, Kent, WA.
• Maryann Yanni, CCIM, represented Wal-Mart Stores Inc. in their lease with lessor Northwest Building, LLC for 45,000 square feet of industrial space at Lakewood Industrial Park, located at 9317 47th Avenue SW, Suite A, Lakewood, WA.
• Sean Durkin represented Modumetal, Inc. in their lease with lessor Nelson Johnson 201 LLC for 22,675 square feet of industrial space at the Nelson Johnson 201 Building, located at 20124 Broadway Avenue, Building A, Suite 102, Maltby, WA.
• Dave Baumer represented RL Cook in their lease with lessor IAC for 18,124 square feet of industrial space at SeaKing Industrial Park, located at 1521 S. 92nd Place, Seattle, WA.
• George Rockwell, SIOR, represented NWABA Trading in their lease with lessor 1006 Andover Associates for 14,100 square feet of industrial space located at 1006 Andover Park East, Tukwila, WA.
• Dave Baumer represented SCP Pool Corp in their lease with sublessor Hertz for 12,000 square feet of industrial space at the Hertz Facility located at 2116 36th Street, Everett, WA.
• Mike Hemphill and Tom Posey represented lessor Valley First Development LLC in their lease to Cintas Corporation No. 2 for 10,900 square feet of industrial space at 801 Valley Avenue NW, Puyallup, WA.
• Dave Baumer represented lessor John Paul Associates in their lease to Acers FP Training for 10,800 square feet of industrial space at Auburn 400 Industrial Park, located at 1620 Industry Drive, Auburn, WA.
• Dave Dunn, CCIM, represented lessor Carpinito, Michael J, LLC in their lease to Performance Contracting for 10,383 square feet of industrial space at 1036 4th Avenue N, Kent, WA.
• Jeff Crane represented lessor 116 Clay Street LLC in their lease to Unibraze for 6,533 square feet of industrial space at Clay Street Business Park I, located at 116 Clay Street NW, Suite A-1, Auburn, WA.
• Connie Boyle, CCIM, and Mike Ewing represented McCallen & Sons, Inc. in their sale of a 6,419 square foot retail building to Eastern Dental Lab, LLC. The building is located at 27905 Pacific Highway S, Federal Way, WA.
• Connie Boyle, CCIM, and Mike Ewing represented lessor Lowry Properties, LLC in their lease to Granny Sue’s Pizzeria, LLC for 4,196 square feet of retail space at Tall Firs Building, located at 20625 SR 410 E, Bonney Lake, WA.
• Sean Durkin represented Cutter Electric in their lease with lessor Anderson Richardson LLC for 4,000 square feet of industrial space at Nelson Johnson 201 Building, located at 20124 Broadway Avenue, Building A, Suite 102, Maltby, WA.
• Mike Hemphill represented Swan Arts Inc. dba Plato’s Closet in their lease with lessor KTM Group LLC for 3,644 square feet of retail space at Center Place Shopping Center, located at 17095 Southcenter Parkway, Tukwila, WA.
• Brian Dennehy represented Interstate Industries, Inc. in their lease with lessor RF Elstrom Marital Trust for 3,380 square feet of industrial space at Elstrom Building, located at 1217 4th Avenue N, Kent, WA.
• Sean Durkin represented lessor Danielson Family LLC in their lease to Seattle Wheel for 2,900 square feet of industrial space at Danielson Industrial Building, located at 757 N Central Avenue, Kent, WA.
• Connie Boyle, CCIM, and Mike Ewing represented lessor Lucia Properties II, LLC in their lease to CDWA, LLC for 2,569 square feet of office space at The Landing at Hawks Prairie, located at 8048-8106 Martin Way, Lacey, WA.
• Arne Svendsen represented lessor Harsch Realty Investments, LLC in their lease to Emerald City Companies, Inc. dba Weathersby Guild Seattle for 2,083 square feet of industrial space at Campus Park, located at 1020 S 344th Street, Suite 211, Federal Way, WA.
• Jim Bisset and Mike Hemphill represented lessor Black River Park, LLC in their lease to NCS Pearson, Inc. for 1,638 square feet of office space at Oakesdale Center, located at 1300 SW 7th Street, Renton, WA.
• Connie Boyle, CCIM, and Mike Ewing represented Vern Fonk Insurance in their lease with lessor BJ Lane, LLC for 1,604 square feet of office space at Pacific Peninsula Plaza, located at 4104 Martin Way E, Suite 104, Lacey, WA.
• Connie Boyle, CCIM, and Mike Ewing represented lessor Graham Properties & Investments, LLC in their lease to Fine Design Interior Remodeling for 750 square feet of office space at Graham Office-Retail Building, located at 21723 103rd Avenue Court E, Building A, Suite 103, Graham, 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 16 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.

About CORFAC International
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. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged over 8,500 completed transactions annually totaling more than 600 million square feet worth an excess of $5.2 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.