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Kidder Mathews Represents Seller in Industrial, Retail Building Sale in Tacoma

Matt McLennan, SIOR, CCIM, and Chris Trussel of Kidder Mathews, along with Tyler Dean of Macadam Forbes, represented the seller in the disposition of a 31,229-square-foot, stand-alone industrial and retail building at 5950 N 9th Street in Tacoma, Washington.

Originally introduced to the market to backfill with a new tenant, the property drew significant attention from users and investors alike. “This listing generated a high volume of inquiries and showings, underscoring strong demand for stand-alone, mid-size industrial buildings in the North Tacoma submarket,” said McLennan. “A motivated buyer and aligned expectations allowed both sides to accelerate timelines and close ahead of schedule.”

Situated in a retail-adjacent corridor with fast access to SR-16 and I-5, the building offers a flexible industrial-retail configuration, 18-inch interior clearance heights, and two dock-high doors. The asset was owned by an out-of-state owner who initially sought a new tenant.

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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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