13024 Beverly Park Road, Mukilteo
Team: Jordan Springer and Tyler Springer
Close of Sale: 8/31/2021
The Beverly Park Building is an 18,755 square foot office building located in Mukilteo, WA. Jordan Springer and Tyler Springer worked on behalf of a private client to facilitate a 1031 exchange into this building, in order to defer gains taxes from a previous sale. During this process, the SRE team identified this fully leased, well located building with a strong occupancy history; negotiated leases to our client’s favor while in due diligence and brokered the sale that finalized August 2021 for $4,875,000. The result was a successful transfer of equity to an income producing investment property.