Sienna Technologies purchased an industrial building in the Harbour Pointe neighborhood of Mukilteo, Washington for $8,200,000. Kidder Mathews Executive Vice President Zach Vall-Spinosa and Associate Ryan Foster represented Sienna in the transaction. The seller was UMC, Inc., a mechanical contractor with a large commercial footprint in the Pacific Northwest.
Based in Woodinville, Sienna Technologies manufactures aluminum nitride ceramics — including some used for electric propulsion in space exploration applications. When looking at properties, the company prioritized a location in close proximity to other businesses in the aerospace industry. Sienna purchased the property just minutes from Paine Field Airport at 11611 49th Place W — with 36,000 square feet of rare stand-alone industrial flex space on two acres.
“After 18 months of exploring numerous opportunities on and off-market, we are proud to have helped Sienna Technologies not only find an ideal facility for their unique operations, but also navigate through the evolving financing world to acquire a competitive loan,” said Foster.
About Kidder Mathews
Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 real estate professionals and staff in 20 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, asset services, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $10.9 billion in transactions, manages 52 million square feet of space, and conducts over 2,600 appraisals annually. For more information, visit kidder.com.