Matt McLennan, SIOR, CCIM and Chris Trussel of Kidder Mathews—alongside Tyler Dean of Macadam Forbes—represented the seller in the disposition of a 31,229-square-foot, stand-alone industrial/retail building at 5950 N 9th Street in Tacoma, Washington.
Originally introduced to the market to backfill with a new tenant, the property drew significant attention from users and investors alike. “This listing generated a high volume of inquiries and showings, underscoring strong demand for stand-alone, mid-size industrial buildings in the North Tacoma submarket,” said McLennan. “A motivated buyer and aligned expectations allowed both sides to accelerate timelines and close ahead of schedule.”
Situated in a retail-adjacent corridor with fast access to SR-16 and I-5, the building offers a flexible industrial-retail configuration, 18-inch interior clearance heights, and two dock-high doors—features that broaden appeal for light distribution, showroom, and service users. The asset was owned by an out-of-state owner who initially sought a new tenant. After testing the market, a sale proved to be the best outcome.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 53 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
