Grubb & Ellis Selected as Leasing Agent for 1.3M SF of Industrial Space in Seattle

SEATTLE, WA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm,  announced that AMB Property Corporation has selected the company as the leasing agent of four Class A industrial properties offering a total of 1.3 million square feet of space throughout Seattle.

Matt McGregor, senior vice president, Industrial Group, who has had a long-standing relationship with AMB Property, will serve as the lead broker on the project.

He will be joined by Bill Condon, (top right photo) managing director, and Andrew Hitchcock, (middle left photo)  vice president, Industrial Group. The team will represent AMB Property in leasing the AMB Portside Distribution Center, AMB Upland Distribution Center, Northwest Distribution Center and NW Corporate Park Renton.

“AMB Property Corporation is the largest landlord in Seattle’s industrial market. The company has a fantastic retention rate from providing its tenants with excellent service that is second to none,” said McGregor. “We couldn’t be more pleased to be awarded this leasing assignment, which offers beautiful Class A opportunities complemented with stable ownership.”

AMB Portside Distribution   Center, (middle right photo) located in the South Seattle submarket at 4090 East Marginal Way, offers 407,491 square feet of leaseable space. The warehouse/distribution building, currently 86 percent leased, has 56,385 square feet of industrial space containing 500 square feet of office space available.

AMB Upland Distribution Center, (bottom left photo)  located at 1133 Andover Park West, Tukwila, offers 326,959 square feet of leaseable space.

This property is currently 100 percent leased; however, there is 82,000 square feet of industrial space coming available. The property is well-located amidst one of Seattle’s primary shopping district.

Located at 20844 72nd Ave. South in Kent, the Northwest Distribution Center offers 325,655 square feet of leasable space. Roughly 58 percent leased, the property currently has 127,481 square feet of industrial space containing 9,191 square feet of office space available.

NW Corporate Park Renton, located at 1010 SW 41st St., Renton, offers 284,340 square feet of leaseable space.

The warehouse/distribution center is 92 percent leased and has 20,400 square feet of industrial space containing 1,000 of office space available for lease.

Contact: Julia McCartney, Phone: 714.975.2230, Email: julia.mccartney@grubb-ellis.com