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January 10, 2013

Local Investor Acquires Kirkland Industrial for $2.1M - DBRB Sells 18,000 SF

CoStar

Richard Bryan

Eastside Holdings LLC acquired the industrial building at 11731 120th Ave. NE in Kirkland, WA from DBRB LLC for $2.1 million, or about $117 per square foot.

The two-story industrial warehouse was delivered in 1977 in King County. It totals 17,920 square feet and was formerly used by Eastside Spray, a Kirkland-based landscaping company.

Riley Shephard of Jones Lang LaSalle represented the buyer. Jim Klinger and Ross Klinger of Kidder Mathews represented the seller.

Please see CoStar COMPS #2634177 for more information on this transaction.

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