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Seattle & Northwest  + Seattle  + Industrial  |  March 24, 2025
Jasmine Kilman
By: Jasmine Kilman

Cushman & Wakefield Arranges Sale of 204K-SF Industrial in Auburn

Cushman & Wakefield has advised the sale and acquisition financing for Auburn Park 44, a 204,458-square-foot multi-tenant industrial and distribution building on over nine acres in Auburn, Washington.

Located at 814 44th Street, the freestanding facility offers a ground-zero industrial location near Seattle. The property sold for an undisclosed price to Kennedy Wilson, an international real estate investment and services firm. The seller was a global investment advisor.

Cushman & Wakefield’s Jeff Chiate, Matthew Leupold, Bryce Aberg, Rick Ellison and Aubrie Monahan of the firm’s National Industrial Group –West represented the seller in the transaction. Cushman & Wakefield’s Patrick Mullin along with CBRE’s Andrew Hitchcock also provided local leasing advisory.

Additionally, a Cushman & Wakefield Equity, Debt & Structured Finance team, including Keith Padien and Max Schafer, arranged the acquisition loan on behalf of Kennedy Wilson. “We received a very positive response from lenders wanting to provide the needed capital to acquire this highly attractive industrial investment asset in southern Seattle,” said Padien.

Read More News Stories About: CBRE, Cushman & Wakefield
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Cushman & WakefieldKennedy WilsonCBRE

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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