CORFAC News

The Andover Company, Inc./CORFAC International in Seattle, Washington, announced the closing of 36 deals covering over 404,822 square feet over 90 days to wrap up 2020, including 31 industrial leases, 3 office leases, and 2 industrial sales. Transaction highlights follow: 

• Brian Bruininks, CCIM represented lessor Falcon Kent, LLC in their lease to Football Northwest, LLC for 36,321 SF of industrial space at Kent West Corporate Park, Building E located at 6522 S 219th St, Kent, WA.
• George Rockwell, SIOR represented lessor Wilmar Corporation in their lease to Knack, LLC for 31,780 SF of industrial space at 1901 Raymond Ave SW, Renton, WA.
• Jeff Crane represented Transdev Services, Inc. in their lease with lessor SLS Hardeson, LLC for 30,000 SF of industrial space at Intracorp Industrial Center located at 6500 Hardeson Rd, Everett, WA.
• Jake Monroe represented buyer Brock Monroe Irrevocable Trust in the purchase of 960 Industrial Way, Longview, WA, 29,000 SF of industrial space from Richard Inhofer.
• George Rockwell, SIOR represented lessor Terreno 17600 WVH, LLC in their lease to Shaw Contract Flooring Services, Inc. dba Spectra Contract Flooring Services, Inc. for 21,202 SF of industrial space at North Valley Business Park located at 17620 W Valley Hwy, Kent, WA.
• Shane Mahvi represented TTL Holdings, LLC in their lease with lessor 3601 W Marginal Way SW, LP for 20,188 SF of industrial space at 3601 W Marginal Way SE, Seattle, WA.
• Arne Svendsen represented Chips & Palace Casinos in their lease with lessor Dennis Zhall for 20,000 SF of industrial space at Lakewood Cinema Plaza located at 84th St S & I5, Fife, WA.
• Brian Bruininks, CCIM represented lessor Property Reserve, Inc. in their lease to Interstate Plastics for 19,645 SF of industrial space at Landing Center, Bldg D located at 22435 68th Ave S, Kent, WA.
• Arne Svendsen represented United Rentals Realty, LLC in their lease with lessor Stack Industrial Properties, LLC for 17,000 SF of industrial space at 5421 1st Ave S, Seattle, WA.
• George Rockwell, SIOR represented lessor M-3 Properties, LLC in their lease to Richard Pu dba Carnet, LLC for 16,000 SF of industrial space at M-3 Business Park located at 1001 Andover Park E, Tukwila, WA.
• Shane Crook and George Rockwell, SIOR represented Solgen Power, LLC in their lease with lessor Northwest Building, LLC for 15,000 SF of industrial space at Lakewood Industrial Park located at 4425 100th St SW, Lakewood, WA.
• Shane Crook represented The Contents Specialists, LLC in their lease with lessor LIT Kent Valley, LLC for 14,975 SF of industrial space at Southcenter South Industrial Park located at 18417 Cascade Ave S, Tukwila, WA.
• Brian Bruininks, CCIM represented lessor Prologis Targeted US Logistics Fund, L.P. in their lease to On Stage in Oregon, Inc. for 14,400 SF of industrial space at Prologis Park – Renton 6 located at 720 Thomas Ave SW, Renton, WA.
• George Rockwell, SIOR, represented lessor Terreno 17600 WVH, LLC, in their lease to O.E.S. Equipment, LLC for 13,484 SF of industrial space at North Valley Business Park located at 17640 W Valley Hwy, Kent, WA.
• Mike Hemphill and Jim Bisset represented lessor OIVF SOUTH LIND, LLC in their lease to Newton Research Labs for 11,549 SF of industrial space at South Lind Square located at 441 SW 41st St, Renton, WA.
• Mike Hemphill represented lessor McLaughlin & Buty LLP in their lease to Green Boat Hydro Corporation for 9,375 SF of industrial space at 131 Andover Park E, Tukwila, WA. 
• Bruce Clarkson and Dave Baumer represented both the buyer 760 Central, LLC (Ballard Industrial) and the seller, Steve & Jeannine Dowell, in the sale of building on a large property located at 760 Central Ave N, Kent, WA. Steve and Jeannine Dowell sold the store after more than 50 years in business. The reason behind the sale? “I’m 90,” Dowell said about his decision to finally retire. Dowell developed a close working relationship with his customers. “The masons and contractors have been wonderful,” he said. “That’s always something I’ll remember, the customers.” (Kent Reporter) And that same attention to customers will be a legacy that endures with Ballard Industrial taking over the property and opening up in Kent. Their family business has been around almost 70 years. Congratulations to all! 
• Shane Mahvi represented The Armani Group, Inc. in their lease with lessor Tavitian Auto Group, LLC for 8,000 SF of industrial space at 36102 W Valley Hwy S, Ste A, Algona, WA.
• Arne Svendsen represented Highwaymen Supply & Packaging LLC dba Custom Cones USA in their lease with lessor Fife Business Investors for 7,500 SF of industrial space at Fife Business Center located at 4360 16th St E, Fife, WA.
• Shane Mavhi represented Allstate Moving, LLC in their lease with lessor J&S Associates, LLC for 6,597 SF of industrial space at J&S II Warehouse located at 1111 S 334th St, Ste 204, Federal Way, WA.
• Shane Mavhi represented Exclusive Design Stone Work, LLC, in their lease with lessor M&L Investments, LLC for 6,000 SF of industrial space at Evergreen Industrial Park located at 2105 Inter Ave, Ste E & F, Puyallup, WA.
• Shane Mavhi represented Tolo Events, LLC, in their lease with lessor 5419 Maynard Ave South, LLC, for 5,880 SF of industrial space at the Maynard Building located at 5419 Maynard Ave S, Seattle, WA.
• Jake Monroe represented lessor BrosMonroe, LLC, in their lease to Flowserve US Inc. for 5,852 SF of industrial space at 5467 Pacific Fern Dr, Ferndale, WA.
• Brian Bruininks, CCIM represented lessor Property Reserve, Inc. in their lease to Accredo Health Group, Inc. for 5,574 SF of industrial space at Landing Center – Bldg D located at 22623 68th Ave S, Kent, WA.
• Shane Mavhi represented Pizzazz, LLC in their lease with lessor C/E Jenson FLP for 4,750 SF of industrial space at the Myrtle Building located at 1007 S Myrtle St, Seattle, WA.
• Shane Mahvi, Jake Monroe, Jeff Crane, and Brian Bruininks, CCIM represented lessor O’Brien Center, LLC in their lease to R&J Auto Care for 4,651 SF of industrial space at O’Brien Commerce Center located at 7405 S 212th St, Ste 124+125, Kent, WA.
• Shane Mahvi and Brian Bruininks, CCIM represented lessor Falcon Kent, LLC in their lease to Sozo, LLC for 4,000 SF of industrial space at Kent West Corporate Park, Bldg A located at 22009 68th Ave S, Kent, WA.
• Shane Mahvi, Jake Monroe, Jeff Crane, and Brian Bruininks, CCIM represented lessor O’Brien Center, LLC in their lease to Eritrean Corporation for 3,722 SF of industrial space at O’Brien Commerce Center located at 7405 S 212th St, Ste 103, Kent, WA.
• Jeff Crane and Jake Monroe represented lessor Clay Street Properties, LLC in their lease to David Anderson for 3,484 SF of industrial space at Clay Street Business Park II located at 215 Clay Street NW, Ste A5, Auburn, WA.
• Shane Mavhi represented R Cabinet, LLC, in their lease with lessor Auburn Business Center, LLC, for 2,304 SF of industrial space at Auburn Business Center, LLC, located at 4044 Auburn Way N, Ste 6, Auburn, WA.
• Brian Bruininks, CCIM, and Shane Mavhi represented JMTek, LLC, in their lease with lessor RH Kent Valley BC Associates, LLC, for 2,070 SF of industrial space at Kent Business Center located at 25426 74th Ave S, Kent, WA.
• Arne Svendsen represented lessor Harsch Investment Realty in their lease to Nousbo USA, Inc. for 2,047 SF of industrial space at Campus Park located at 1020 S 344th St, Unit 203, Federal Way, WA.
• Jake Monroe represented Iconic Global, LLC, in their lease with lessor RH Kent Valley BC Associates for 1,710 SF of industrial space at Kent Business Center located at 25516 74th Ave S, Kent, WA.
• Mike Hemphill and Jeff Crane represented lessor MUFG UNION BANK, N.A., AS SUCCESSOR TRUSTEE OF THE REBECCA MYNDA ZIMMERMAN TRUST OF 1990 in their lease to Specialty Moving, Inc. for 904 SF of office space at Windermere Plaza located at 13106 SE 240th St, Kent, WA.
• Shane Crook represented Linday Bush/Kellie Read in their lease with lessor SCS Washington Square, LLC, for 800 SF of office space at 6th Avenue Retail located at 3701 6th Ave, Ste 2, Tacoma, WA.
• Shane Mahvi and Dave Dunn, CCIM, represented Hope Alternatives, PLLC in their lease with lessor East Valley Petula, LLC, for 678 SF of office space at East Valley Business Park located at 228 SW 43rd St, Renton, 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 13 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.