Company, Industrial, Investments, Sale
Sold: 100% Leased Multi-Tenant Industrial Investment
November 2, 2021 - Company, Industrial, Investments, Sale
George Diamond, Nicholas Diamond, Allen Patterson, SIOR, and Scott Miller at Capacity Commercial Group are pleased to announce the closing of 7000 S. 10th Street in Ridgefield, WA. George and Nick represented the buyer while Allen and Scott represented the Seller. This 112,256 SF recent-construction warehouse property sits on 6.4 acres in the area's fastest-growing industrial park. The three occupants (national and regional operators) all have long-term leases. Completed in 2019, the asset has 9 dock doors, 3 grade doors, 3-phase 2,500 amp power, and 30' clear height. Located in a growing industrial park in the up-and-coming city of Ridgefield, the property also has ample parking in relation to its area. Truly a standout amongst new-construction industrial offerings, the property sets a strong benchmark for sales performance of industrial investments in the area. As part of the sale, The Diamond Team spearheaded an investment group to purchase the property for a strategic long-term hold. For more information, please contact: George Diamond 503.222.2178 gdiamond@capacitycommercial.com Nicholas Diamond 503.222.2655 ndiamond@capacitycommercial.com Allen Patterson, SIOR 503.542.4347 allen@capacitycommercial.com Scott Miller 503.517.9872 scottm@capacitycommercial.com
