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| Creeksides at Centerpoint, Kent, WA |
PORTLAND, OR –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the $26.5 million sale of Creeksides at Centerpoint, a
three-building suburban office campus totaling 218,650 square feet in the
Seattle suburb of Kent, Washington.
HFF coordinated the
transaction of Creeksides at Centerpoint. The seller was Unico Properties LLC,
and Menashe Properties purchased the asset.
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| Nick Kucha |
Creeksides at Centerpoint
is situated on 12.632 acres at 20415 72nd Avenue S in Kent, a Washington
community approximately 21 miles southeast of Seattle and 19 miles northeast of
Tacoma.
There are Metro stops
adjacent to the complex, which provide direct access to Kent Station, and the
convergence of Interstates 405 and 5 is less than four miles north of the
property.
The three-building campus surrounds a
centralized circular driveway with green space and a water feature in its
center, and amenities include a board room, child care center, bakery and
restaurant, fitness center and a walking/running trail.
The office complex is 90
percent leased to a diversified rent roll of local, regional, national and
government tenants, including Iron Bow Technologies; Washington State DSHS;
Washington State Department of Health; Naverus, Inc. and Wells Fargo.
HFF’s investment sales
team was led by senior managing director Nick
Kucha, who covers the Pacific Northwest markets.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
.
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