A commercial building in Seattle's Interbay neighborhood just sold for $5.7 million in an all-cash deal with no financing contingencies. The sale highlights strong market conditions in 2015, with office and industrial building sales and rents increasing. The broker notes that Seattle's office and industrial vacancy rates remain below 9.5% and asks how buyers can take advantage of the current momentum.

1. JUST CLOSED
TREY BUILDING Seattle, WA
$
Location: Interbay
$5,700,000
»» All Cash At Closing
»» No Financing Contingency
»» New Buyer to the Interbay/Ballard Market
»» 14 Day Escrow
SALE HIGHLIGHTS
FOR MORE INFORMATION OR IF YOU ARE CONSIDERING SELLING YOUR
PROPERTY & WOULD LIKE A COMPLIMENTARY ANALYSIS, CALL TODAY!
»» 25 Office Buildings Sold in 4Q in 2015.
»» 14 Industrial Buildings Sold in 4Q 2015.
»» Year-Over-Year Rents Increased More
Than 4.5% In 2015.
»» Market Conditions Conducive To Acquisitions,
Cashing-Out, 1031 Exchanges & Re-Financing.
»» Seattle Office/Industrial Vacancy Below 9.5%.
*How Are You Taking A Position Of Strength While
There Is Still Momentum In The Current Market?
“We Have $10 Billion in
Exclusively Listed Properties”
TYPE Office
LEROY LUTU
OFFICE: (206) 826-5689
MOBILE: (206) 427-5756
leroy.lutu@marcusmillichap.com
MARKET HIGHLIGHTS