Northmarq’s Brad Pepin, senior vice president, and Mark Grossman, associate, have completed the sale of a 196,541-square-foot industrial property leased to FedEx Ground in the Pacific Northwest. The buyer was a private investor based in California and was represented by Northmarq’s Colin Couch.
“We’re very pleased with the outcome of this transaction, on behalf of our seller. The market continues to show great interest in quality net lease industrial build-to-suits like this one.” said Pepin.
The property was built in 2022 and is situated on approximately 30 acres. The brand-new facility features tilt-wall concrete construction, Class-A improvements, and ample room for parking.