September 19, 2022 (Bellevue, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition of Smokey Point Plaza, a 24,794 square-foot retail center located in Arlington, WA, on behalf of their client 7 Lakes Development. Located on 172nd Street NE in Arlington, Smokey Point Plaza was purchased for $7,165,000. The retail center consists of 13 tenants and was 100% occupied at the time of sale. Less than one mile…
DUKE’S SEAFOOD BUILDING SELLS FOR $6.25 MILLION
Long-time Ruston Way Restaurant to Remain as Tenant July 27, 2022 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition of Duke’s Seafood building, located on the Ruston Way waterfront in Tacoma, Washington. John Bauder and Harrison Laird represented the Buyer, JGSL Partners, LLC, who purchased the property from SCG Ruston Way Restaurant LLC on July 27, 2022. The property transacted at $6,250,000, approximately $1,179 per square…
Case Study – The Walsh Building
OVERVIEW Ballard Neighborhood, Seattle, WA Commercial / Retail ± 4,465 SF Total Seller Representation Sale Price: $1,125,000 ($252 PSF) “Amanda & Richard did an excellent job helping us sell our building. They marketed it well, communicated regularly, negotiated effectively and pushed to close on schedule. The transaction was smooth from start to finish despite the onset of COVID during the transaction. We would recommend them to any property owner looking to sell.” – Walsh…