An industrial property in Kent, Washington, was sold for $23.7 million. The property is a warehouse with office space and was originally acquired by IDS Real Estate Group in 2019 for $17.8 million. The buyers of the property were Pisco Capital Investments LLC and Stark Capital Investments LLC, both affiliated with Walt Pisco, CEO of Cascade Engine Center. The property is located at 22220 68th Ave. S and has a total area of 94,225 square feet, including 8,323 square feet of office space. It is strategically positioned between the Port of Tacoma and the Port of Seattle, making it attractive for businesses servicing the region. The Kent area has seen multiple sales transactions involving industrial properties in recent times.
Menu
