Sagard Real Estate has acquired an industrial distribution facility in Auburn, Wash., further expanding the firm’s U.S. industrial footprint within the Pacific Northwest.
Leased to a national third-party logistics provider, the 162,400-square-foot industrial asset is situated on approximately 8.8 acres within the Auburn submarket, one of the largest and historically best-performing industrial markets in the Seattle Metropolitan Statistical Area (MSA). The property benefits from strong functional attributes, including 24-foot clear heights, ESFR sprinklers, multiple points of ingress and egress, and significant excess trailer-yard and parking capacity. Its infill location provides convenient access to State Route 167 and broader regional connectivity to Seattle, Bellevue, Tacoma, and the ports of Seattle and Tacoma.
“This acquisition demonstrates our strategy of targeting well-located, functional industrial assets at an attractive basis in supply-constrained markets
