CapRock Partners has acquired The Reserve @ Woodinville, a 159,900-square-foot, 100 percent leased, class A industrial building in Woodinville, a premier industrial real estate market within the Seattle metropolitan statistical area (MSA).
The acquisition marks CapRock Partners’ first move into the Pacific Northwest, bolstering the firm’s robust existing portfolio of approximately 30 million square feet of industrial real estate at total build-out.
“The Puget Sound area is a dynamic economic region, and we are excited to raise the CapRock banner here with the acquisition of The Reserve @ Woodinville, a well-located, best-in-class property in a high-performing submarket,” said Bob O’Neill, senior vice president of acquisitions at CapRock Partners. “Known for its variety of local wineries, microbreweries and eateries, the Woodinville/522 Corridor submarket boasts one of the tightest warehouse-only vacancy rates in Puget Sound. As CapRock continues to focus on
