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CBC Danforth Finalizes $14.7M Sale of Industrial Park

CBC Danforth Finalizes $14.7M Sale of Industrial Park

Coldwell Banker Commercial Danforth recently completed the $14.7 million sale of an industrial park in Everett, Washington. The brokerage represented buyer Mina Properties VIII, one of its long-term investor clients. Broker Michael Fear said that Mina Properties VIII intends to maintain the property as a multi-tenant investment. The seller was BFS Operations LLC.

Occupying 31.6 acres at 3200 35th Avenue NE, the park consists of four buildings totaling 94,000 square feet. With easy access to both I-5 and SR 529, the location provides convenient travel to ports, cities and towns along the I-5 corridor. The property is only nine minutes from downtown Everett and 38 miles from Seattle.

“This property went into contract quickly after listing, with multiple local and national prospective buyers,” said Fear. “The size and proximity to a strong industrial market with highway, port and railroad access made this property desirable.”


Inside The Story

Coldwell Banker Commercial Danforth

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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