LBA Realty is continuing to invest in Seattle’s industrial office market and has purchased another asset in Kent, Wash., to the tune of $12.7 million, or about $129 per square foot, according to King County public records. The 98,700 square foot warehouse, located at 7901 S. 190th St., was sold by an entity associated with Robert Ramussen of Issaquah, Wash.-based Ramussen Properties to LBA at the end of January.
For the full story, go to The Registry Puget Sound.
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