REBusinessOnline

COLONY PARK BUSINESS CENTER IN LYNNWOOD SELLS FOR $7.8M

Posted on by in Office, Western

LYNNWOOD, WASH. — Colony Park Business Center, a six-building, flex office portfolio in Lynnwood, has sold to a local investor for $7.8 million. The portfolio contains a total of 82,467 square feet in the Northend submarket that sits north of Seattle. The center is located at 19011-19029 36th Ave. West. It was 86 percent leased to 20 tenants at the time of sale. The buyer was represented by Ken Butler of Butler Commercial Investments, LLC. The seller, Colony Park I & II LLC, was represented by Daniel Seger, Ann Chamberlin, Mark Flippo and Brent Jackson of Jones Lang LaSalle’s Capital Markets group.

Get more news delivered to your inbox. Subscribe to France Media's twice-weekly regional e-newsletters. Click here.



Related News

Content Partners