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February 21, 2019

Best-in-class industrial park in Woodinville, WA sells for $47,194,000

Seattle, Wash. (February 21, 2019) - The Park at Woodinville, a five-building, Class A industrial park, located at 14103 NE 200th Street in Woodinville, Washington, has sold in an off-market purchase for $47,194,000 ($197 per square foot). The local buyer, Park Row LLC, was represented in the transaction by Kidder Mathews commercial real estate brokers, Todd Gauthier and Jason Bloom. The seller was KBS, a private equity real estate company based in Newport Beach, California.

The 239,607 square foot warehouse and light manufacturing infill project is one of the Eastside's best-in-class industrial assets. It offers amenities including a cafe/deli, loading docks, and outdoor patios, as well as nearby shopping, dining, and wine tasting. It is close to SR-522 and 2.5 miles from I-405, one of the region's primary transportation corridors.

About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with over 750 real estate professionals and staff in 21 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $9 billion in transactions, manages over 50 million square feet of space, and conducts over 1,600 appraisals annually. For more information, visit kiddermathews.com.

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