Marcus & Millichap Arranges Sale of Burien Mixed-Use Building
Marcus & Millichap closed the sale of 76 Gas Station and Development, a 4,107-square-foot mixed-use property located in Burien, Washington. The asset sold for $4.1 million.
RJ Vara, an investment specialist in Marcus & Millichap’s Seattle office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, a limited liability company, was secured and represented by Anne Goldman and RJ Vara.
76 Gas Station and Development is located at 18040 1st Ave S and 18032 1st Avenue S. The property generated over ten qualified offers and navigated a false positive environmental testing. The buyer and seller negotiated short-term seller financing that was desirable to both.
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.