{"id":4340,"date":"2022-07-28T14:13:58","date_gmt":"2022-07-28T21:13:58","guid":{"rendered":"https:\/\/www.lee-associates.com\/northwest\/?p=4340"},"modified":"2022-07-28T14:14:11","modified_gmt":"2022-07-28T21:14:11","slug":"dukes-seafood-building-sells-for-6-25-million","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/northwest\/2022\/07\/28\/dukes-seafood-building-sells-for-6-25-million\/","title":{"rendered":"DUKE’S SEAFOOD BUILDING SELLS FOR $6.25 MILLION"},"content":{"rendered":"
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Long-time Ruston Way Restaurant to Remain as Tenant<\/strong><\/h3>\n<\/div>\n<\/div><\/div>
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July 27, 2022 (Tacoma, WA)<\/strong> \u2013 Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition of Duke\u2019s Seafood building, located on the Ruston Way waterfront in Tacoma, Washington.\u00a0\u00a0 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.<\/p>\n

The property transacted at $6,250,000, approximately $1,179 per square foot. JGSL Partners, LLC intends to hold the property long term, keeping Duke\u2019s Seafood as a tenant.<\/p>\n

\u201cWe are excited for the Buyer \u2013 this was a great opportunity to acquire a beautiful waterfront property leased by a strong operator\u201d, noted Harrison Laird, Principal at Lee & Associates Commercial Real Estate Services, LLC.\u00a0 \u201cRuston Way continues to flourish and Duke\u2019s has long been a staple of the area.\u201d<\/p>\n

This acquisition comes less than a year after the Puyallup Tribe of Indians purchased a nearby site on Ruston Way which, at over two acres, was home to the former C.I. Shenanigans and Ram Restaurant & Brewery.\u00a0 Their planned revitalization of the former C.I. Shenanigans as well as the flourishing Point Ruston project are both poised to continue increasing the appeal of Ruston Way.<\/p>\n

The Lee & Associates team of Harrison Laird and John Bauder facilitated the transaction.<\/p>\n

 <\/p>\n

ABOUT LEE & ASSOCIATES<\/u><\/strong><\/p>\n

Lee & Associates offers an array of real estate services tailored to meet the needs of the company\u2019s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.<\/p>\n

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MEDIA CONTACT<\/h2>\n

Jim Bowles, SIOR
\n<\/strong>Lee & Associates
\n(425) 454-4242
\njbowles@lee-associates.com<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

<\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

Long-time Ruston Way Restaurant to Remain as Tenant July 27, 2022 (Tacoma, WA) \u2013 Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition of Duke\u2019s Seafood building, located on the Ruston Way waterfront in Tacoma, Washington.\u00a0\u00a0 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…<\/p>\n","protected":false},"author":39,"featured_media":1124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,4,1086],"tags":[1097,1096],"class_list":["post-4340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-press-releases","category-retail","tag-harrison-laird","tag-john-bauder"],"yoast_head":"\nDUKE'S SEAFOOD BUILDING SELLS FOR $6.25 MILLION - Lee & Associates Pacific Northwest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/northwest\/2022\/07\/28\/dukes-seafood-building-sells-for-6-25-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DUKE'S SEAFOOD BUILDING SELLS FOR $6.25 MILLION\" \/>\n<meta property=\"og:description\" content=\"Long-time Ruston Way Restaurant to Remain as Tenant July 27, 2022 (Tacoma, WA) \u2013 Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition of Duke\u2019s Seafood building, located on the Ruston Way waterfront in Tacoma, Washington.\u00a0\u00a0 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. 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