CapRock Partners has acquired The Reserve @ Woodinville, a 159,900-square-foot, 100 percent leased, Class A industrial building in Woodinville, Washington. The acquisition marks CapRock Partners’ first move into the Pacific Northwest. The Reserve @ Woodinville is currently leased to four tenants.  

The transaction was brokered by Michael Kendall, Gian Bruno, Kenny Patricia, Matt McGregor and Bill Condon with Colliers International. “The Puget Sound area is a dynamic economic region, and we are excited to raise the CapRock banner here with the acquisition of The Reserve @ Woodinville, a well-located, best-in-class property in a high-performing submarket,” said Bob O’Neill, SVP of acquisitions at CapRock Partners.

Completed in 2018, The Reserve @ Woodinville is a concrete tilt-up warehouse featuring a 30-foot clear height, 19 dock-high loading doors, and four grade-level loading doors. Located at 15902 Woodinville-Redmond Road NE, it is near the Port of Tacoma, and Seattle’s central business district is within a 30-minute drive.