Steel Properties Industrial Center

720 132nd St SW, Everett
Team: Josh Klein and Tyler Springer
Close of Sale: 03/24/2022
Price: $10,300,000 

The Steel Properties Industrial Center was sold as a fully leased multi-tenant investment property. Josh Klein and Tyler Springer were hired to sell the property on behalf of an out of state private investor.  The offering was made available to the entire brokerage community, yet the best buyer came from the direct efforts of the listing team.  After buyer selection and contract negotiation there was a significant amount of work to be done and only a small window in which to complete it. This included providing market justification for lease rates, efforts to clarify the condition of the roof, and documenting confirmation of tenant lease commitments.  SRE managed this process smoothly and the sale closed on time. 

Key Components
-Investment Sale
-Multi-tenant Building 
-Private Client
-Industrial Property