Sagard Real Estate has acquired an industrial distribution facility in Auburn, Washington, expanding the firm’s U.S. industrial footprint within the Pacific Northwest.

Leased to a national third-party logistics provider, the 162,400-square-foot industrial asset is situated on approximately 8.8 acres within the Seattle metropolitan statistical area.

The property benefits from strong functional attributes, including 24-foot clear heights, ESFR sprinklers, multiple points of ingress and egress, and significant excess trailer yard and parking capacity. Its infill location provides convenient access to SR-167 and broader regional connectivity to Seattle, Bellevue, Tacoma, and the Ports of Seattle and Tacoma.

Built in 1987, the property is designed to support high-volume distribution and logistics users and offers flexibility for future operational enhancements. Sagard Real Estate plans to execute select capital improvements, with the objective of enhancing long-term value. The transaction follows Sagard’s recent acquisitions in Lake Stevens, Washington, and Lake Oswego, Oregon.