Matt McLennan, SIOR, CCIM, and Chris Trussel of Kidder Mathews, along with Tyler Dean of Macadam Forbes, represented the seller in the disposition of a 31,229-square-foot, stand-alone industrial and retail building at 5950 N 9th Street in Tacoma, Washington.
Originally introduced to the market to backfill with a new tenant, the property drew significant attention from users and investors alike. “This listing generated a high volume of inquiries and showings, underscoring strong demand for stand-alone, mid-size industrial buildings in the North Tacoma submarket,” said McLennan. “A motivated buyer and aligned expectations allowed both sides to accelerate timelines and close ahead of schedule.”
Situated in a retail-adjacent corridor with fast access to SR-16 and I-5, the building offers a flexible industrial-retail configuration, 18-inch interior clearance heights, and two dock-high doors. The asset was owned by an out-of-state owner who initially sought a new tenant.
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