CORFAC News

Heather Seymour
206-336-5335
hseymour@andoverco.com

Seattle, WA (December 17, 2013) – The Andover Company/CORFAC International announced the closing of five commercial property sales within 90 days: one industrial sale, one multi-family sale, one office sale, and two land sales.

• Jeff Crane represented Harrison JV in the sale of the Harrison Building, an 18,220 square foot industrial building, to D&K Investments. The building is located at 8228-8230 S. 192nd Street in Kent, WA.
• Arne Svendsen represented Rhoda Altom and Cory Carlson in their acquisition of the Bon Vista Apartments, a 15,000 square foot multi-family apartment building. The property was previously owned by Bon Vista, LLC, and is located at 9215 Greenwood Avenue N, Seattle, WA.
• Mike Hemphill represented F.H.L.S.S. LLC in the sale of a 7,802 square foot office building located at 724 West Smith Street, Kent, WA. The building was acquired by 3D 724 LLC.
• Dave Dunn, CCIM, represented Carpinito Farms, LLC in the acquisition of 489 acres of land located in Stevens County, WA. The land was previously owned by Western Pacific Timer, LLC.
• Jeff Crane represented Amrik Commercial Rental in the acquisition of a 3.15 acre site located at 8528 S. 222nd, Kent, WA. The site was previously owned by Gull Industries.

About The Andover Company/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.

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.