1. law, govt and politics
2. legal issues
3. legislation
4. building laws

ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
±Total Size
Rate PSF/Price
Zoning
10.74 acres
$6.00 psf
Industrial
Comments
Contact
KING COUNTY 23000 SE 229th St
Maple Valley, WA





18600 8th Ave S
SeaTac, WA
3.14 acres
Former Queen Anne
Upholstery Ground Lease
1110 Elliot Ave W
Seattle, WA
29,176 sf
14402 Des Moines Memorial
Drive
Seatac, WA
20,037 sf
$3,000/mo NNN
Industrial




Frederickson Pacific
Industrial Park
38th Ave E & 200th St E
Fredrickson, WA
41 acres
$8.95 psf with
rail to site
EC
Employment
Center




$1,367,410
For Lease @
$.08 psf
Negotiable
Three tax parcels
Completely filled with retention pond
Fully fenced and lit
Water, gas and electrical to site
Could possibly divide
Mike Roy
253.395.3606
Scott Price
253.779.2419
BP
Business Park
 Excellent freeway access
 Close to the SeaTac International Airport
 Located near amenities; utilities to the site
Bruce Valentine
253.779.8400
Retail
 Long-term ground lease available
 Conveniently located between Queen Ann
and Magnolia in the Interbay area
 Within close proximity to Interbay Urban
Center with Whole Foods as the anchor
Kevin Skillestad
Fully fenced and paved
Two separate tax parcels
Immediate access to Hwy-518
All utilities available
Shane Hoey
206.787.1800
Mike Roy
253.395.3606
PIERCE COUNTY 28 acres
18 acres
12 acres
11 acres
7 acres
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
$7.95 psf w/out
rail to site
Utilities to Site
Tacoma Rail Service
Property located out of 100 yr flood plain
Development site will be delivered “pad
ready” rough grade
 Soils of the development site are excellent
with little compaction necessary
 Building development can begin as early as
late Summer 2015
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Scott Price
253.779.2419
Kermit Jorgensen
253.395.3384
Mike Avila
Pacific Rim RE Group
253.961.4305
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 1
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
Silverlake Highlands
XXX 416th St E
Eatonville, WA
UNDER CONTRACT
{
DuPont Industrial Land
1700 Center Drive
DuPont, WA
Kreger Highlands
XXX 408th St E
Eatonville, WA
Frederickson Industrial
Property
196th St E & Canyon Rd
Fredrickson, WA
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
±Total Size
Rate PSF/Price
Zoning
31.01 Acres
$85,000
Residential
24.25 Acres
$85,000
Residential
20.31 Acres
$85,000
Residential
20.31 Acres
$85,000
Residential
20.31 Acres
$85,000
Residential
20.31 Acres
$85,000
Residential
26 acres
Divisible
$3.95 psf
Manufacturing
Research Park
20.61 Acres
$85,000
Residential
20.38 Acres
$85,000
Residential
20.36 Acres
$85,000
Residential
20.36 Acres
$85,000
Residential
20.35 Acres
$85,000
Residential
20.11 Acres
$85,000
Residential
18.82 acres
TBD
EC
Comments






156.81 Acres Total
Zoned residential
Can be sold separately or combined
Perfect for single family home and other uses
Beautiful territorial views
Partial mountain views
 Divisible from 3 to 20 acres
 Can be under construction in less than 4
months
 Road and utilities to site
 Suitable for office to light industrial uses







UNDER CONTRACT
Back-up offers considered
122.17 Acres Total
Can be sold separately or combined
Perfect for single family home and other uses
Beautiful territorial views
Partial mountain views




Utilities to Site
Tacoma Rail Service
Property located out of 100 yr flood plain
Development site will be delivered “pad
ready” rough grade
 Soils of the development site are excellent
with little compaction necessary
 Building development can begin as early as
late Spring 2015
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Contact
Briana Hickey
253.779.2424
Tom Brown
253.779.2427
Eric Cederstrand
253.779.2428
Briana Hickey
253.779.2424
Scott Price
253.779.2419
Kermit Jorgensen
253.395.3384
Mike Avila
Pacific Rim RE Group
253.961.4305
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 2
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
Canyon Road Distribution
Center
Canyon Rd & 200th St E
Fredrickson, WA
±Total Size
Rate PSF/Price
Zoning
18 acres
TBD
EC
Comments
 Utilities located along Canyon Rd E
 No entitlements
Contact
Scott Price
253.779.2419
Mike Avila
Pacific Rim Real Estate
253.961.4305
19111 38th Ave
Fredrickson, WA
± 17.48 acres
TBD
EC
 Rail served by Tacoma Rail
 Short-term lease in place
 Income producing property ($25,000/mo)
Theron Meier
253.779.2426
14401 Pacific Avenue
Tacoma, WA
± 14.21 acres
TBD
Activity Center
 Great development site
 Over 32,000 cars per day on Pacific Ave
Theron Meier
253.779.2426
12.60 acres
$1,975,000
($3.60 psf)
NC
(Neighborhood
Center)
 Easy access to Hwy-16/Narrows Bridge
 Great location close to amenities including
shopping and restaurants
 Zoning allows for administrative and
professional office, building materials and
garden supplies, restaurants, retail, etc.
Joel Jones
253.779.2422
 Currently two buildings on the property:
6,800 SF shed and 1,936 SF shed
Theron Meier
253.779.2426
Pt Fosdick Dr NW & 36th St
Gig Harbor, WA
5915 176th St E
Puyallup, WA
± 9.5 acres
TBD
EC
Pacific Center
9201 Pacific Avenue
Tacoma, WA
8.94 acres
$1,800,000
C-2 / R-2
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
 Former church building in need of
repairs/renovation
 Possible redevelopment to office, retail,
multifamily, mini-warehouse
 High exposure location with 670 feet of
frontage on Pacific Ave
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Scott Price
253.779.2419
Chris Highsmith
Bruce Valentine
Aaron Rosen
253.779.8400
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 3
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
±Total Size
Rate PSF/Price
Purdy Business Park
Hwy-16 & Goodnough Dr
Gig Harbor, WA
+/- 8 acres
$3,375,000
($9.75 psf)
Buckley Redevelopment
29393 SR-410
Buckley, WA
7.7 acres
$2,750,000
Madison Park Medical Ctr
4001 19th Street
Tacoma, WA
Freeman Road Property
4723 Freeman Rd E
Puyallup, WA
McKenna Development Site
35029 90th Ave S
9020 351st St St
Roy, WA
Summit Business Park
11319 58th Ave E
Puyallup, WA
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
Zoning
B-2
 Freeway exposure with approx. 60,000 cPD
City of Gig Harbor  Large lot for scalable development
 Subdivided into four smaller parcels
GC
24,238 SF
existing bldgs
5.54 acres
5.41 acres
4.99 acres
4.05 acres
Make Offer!
$675,000
Urban Center &
Employment
Center
Rural Activity
Center
CE
Contact
Chris Highsmith
253.779.2402
Stephanie Clabaugh
 ± 308 feet of frontage on SR-410
253.779.2403
 Currently fully leased to month-to-month
tenants with under market rents
 156,515 SF land currently developed
 179,000 SF land currently undeveloped
 Available due diligence docs with signed NDA
 Easy access with traffic light at S Proctor St
 Near Allenmore Hospital
 Views of tranquil Snake Lake Nature
Preserve
$5,791,000
($24.00 psf)
$950,000
Comments
Denise Davis
253.779.2423
Bruce Valentine
253.779.2400
 Level parcel
 Close proximity to Port of Tacoma and major
freeways
 SR-167 exposure upon completion
Joel Jones
Briana Hickey
Scott Price




Divisible to 2.5 acres
Two separate parcels
Parcels can be sold together or individually
All utilities are to site
Theron Meier
253.779.2426
 Allows for office, retail, and industrial use
 All utilities to site; no storm retention needed
 Survey, plans and engineering for a storage
unit facility available
Chris Highsmith
253.779.2402
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
253.779.8400
Aaron Rosen
253.779.2418
Bruce Valentine
253.779.2400
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 4
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
Former Tacoma Truss
20617 Mountain Hwy E
Spanaway, WA
Puyallup Commercial Land
134th St Ct E
Puyallup, WA
Frederickson Place Retail
176th St E & Canyon
Frederickson, WA
Fife Commercial Land
7214 Valley Ave E
Fife, WA
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
±Total Size
Rate PSF/Price
4 acres
$2,200,000
Zoning





Looking at all
offers!
3.4 acres
(2+ usable)
$299,000
95,663
$1,950,000
54,679
$1,422,000
49,304
$1,140,000
49,295
$1,135,000
40,949
$950,000
30,062
$692,000
29,409
$750,000
27,834
$595,000
77,893 sf
$299,000
Comments
Community
Employment
ES
(Employment
Services)
CC
(Community
Commercial)
Contact
13,500 SF total in buildings
Standalone office building
6 GL doors; 12’ – 16’ clear height
Heavy power
Approx. 3 acres fenced and mostly paved
Kermit Jorgensen
253.395.3384
 165’ frontage on Canyon Rd E
 All utilities available
 Wetlands are delineated and fenced at back
of property
Briana Hickey
253.779.2424





Retail pads or build-to-suit for sale/lease
Prime corner location
Directly across from Subway
Major traffic corridor
Rapid housing growth
 Flexible zoning designation – allows for
duplex, retirement home, professional
offices, retail, plant nursery
 Unique neighborhood of multi-family
development & commercial complexes
 Utilities include electric and water
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Scott Price
253.779.2419
Chris Highsmith
253.779.2402
Scott Price
253.779.2419
Mike Avila
PACIFIC RIM REAL ESTATE
253.961.4305
Briana Hickey
253.779.2424
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 5
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
Flett Creek Land
XXX 75th St W
Lakewood, WA
±Total Size
Rate PSF/Price
Zoning
1.33 acres
(57,991 sf)
$600,000
NC-2
0.80 acre
usable land
Pacific Ave & 127th St S
Tacoma, WA
Edgewood Land
2520 Meridian Ave E
Edgewood, WA
Port of Tacoma Rd Land
3500 12th St E
Fife, WA
Bridgeport Pad Site
7424 Bridgeport Way W
Lakewood, WA
204 4th St SW
Puyallup, WA
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
± 1.31 acres
$750,000
MUD
1.20 acres
$733,022
TC
(Town Center)
39,784 sf
36,750 sf
32,400 sf
$475,000
Industrial
$1,050,000
$995,000
RM-CORE
Comments




Beautiful location with scenic views
Multifamily, retail or office use
All utilities to site
Raw land, no site improvements
Contact
Stephanie Clabaugh
253.779.2403
Briana Hickey
253.779.2424
 Income producing property
 Easy access to Hwy-512
 Over 35,000 cars per day on Pacific Ave
Theron Meier
253.779.2426




201 feet of frontage
Water and electric available
Level site
Zoning allows for retail, senior housing and
multifamily residential
Briana Hickey
253.779.2424




Plans complete for 12,000 SF building
Level topography
Utilities to site
Located next to Port of Tacoma with Hwy509 and I-5 access
Joel Jones
253.779.2422




High visibility on well-lit corner
Frontage on Bridgeport Way W
Over 30,000 cpd at intersection
Utilities in place
 No density limit
 75% site coverage
 Up to 60’ building height
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Joel Jones
253.779.2422
Chris Highsmith
253.779.2402
Denise Davis
253.779.2423
Bruce Valentine
253.779.2400
Kermit Jorgensen
253.395.3384
Scott Price
253.779.2419
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 6
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
±Total Size
Rate PSF/Price
Tillicum Land
14437-14451 Union Ave SW
Tillicum, WA
32,234 sf
$290,000




NEW
325 SF of frontage and I-5 visibility
Adjacent to proposed Cross-Base Highway
Close to Fort Lewis and Madigan Hospital
River Road Auto Lot
6112 River Road
Puyallup, WA
27,878 sf
$225,000





UNDER CONTRACT
Tremendous visibility and access
Currently operating auto sales lot
Pylon signage available
330 feet of frontage on River Road E
Kermit Jorgensen
253.395.3384




Located near the UW-Tacoma
Excellent views of Downtown Tacoma
60’ height limit
Excellent access to major freeways
Chris Highsmith
Stephanie Clabaugh
Briana Hickey





Rectangular shaped property
All utilities to the site
132’ of frontage on Pacific Ave
Billboard located on property
Can potentially be combined with adjacent
parcels for a total of apx. 88,000 SF of land
Knob Hill Apartment Land
2912 South C Street
Tacoma, WA
8439 Pacific Ave
Tacoma, WA
McCarver Village
2306 S Yakima Avenue
Tacoma, WA
Nalley Valley Yard
3005 S Steele St
Tacoma, WA
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
Zoning
720 sf office
26,000 sf
23,541
±22,390 sf
22,000 sf
$1,500,000
$148,000
$1,120,000
$.10/sf/Mo
Gross
R-4, City of
Tacoma
Comments
RCX
 Potential multi-family apartments or student
Residential
housing
Commercial Mixed  Overlooks downtown Tacoma
use
 Close to University of Washington – Tacoma
campus




Industrial yard
Great for container and truck storage
Fully fenced and graveled with private gate
Located close to SR-16 and I-5
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Contact
Joel Jones
253.779.2422
253.779.8400
Chris Highsmith
253.779.2402
Bruce Valentine
253.779.2400
Tom Brown
253.779.2427
Eric Cederstrand
253.779.2428
Scott Price
253.779.2419
Nick Ratzke
253.779.2414
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 7
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
6304 6th Avenue
Tacoma, WA
8601 Pacific Ave
Tacoma, WA
4914 Tacoma Mall Blvd
Tacoma, WA
5002 Tacoma Mall Blvd
Tacoma, WA
±Total Size
Rate PSF/Price
20,183 sf
$721,500
19,166
17,500 SF
7,188 SF
Zoning
 Located behind a 8,002 SF multi-tenant retail
building
 Easy access to Hwy-16





$120,000
$295,000
Comments
C-2
Located on 2 separate tax parcels
Rectangular shaped property
All utilities to the site
66’ of frontage on Pacific Ave
Can potentially be combined with adjacent
parcels for a total of approximately 88,000
SF of land
 Great for office/retail
 Easy access to I-5; great visibility
 Excellent, central location within a quarter
mile of the Tacoma Mall
 High traffic counts and frontage on Tacoma
Mall Boulevard
Contact
Briana Hickey
253.779.2424
Joel Jones
253.779.2422
Chris Highsmith
253.779.2402
Bruce Valentine
253.779.2400
Chris Highsmith
253.779.2402
Bruce Valentine
253.779.2400
$99,000
R-2
 Easy access to I-5
 Within a quarter mile of Tacoma Mall
 High traffic counts and frontage on Tacoma
Mall Boulevard
Briana Hickey
253.779.2424
$1,995,000
R20




Steve Rosellini
253.779.2431
KITSAP COUNTY Glenmora Woods Apartment ± 37.23 acres
Site
WA-16 & Sedgwick Rd
Port Orchard, WA
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
Multifamily site for 342 garden style units
Located just off WA-16/160 interchange
All utilities available
Wetlands have been delineated
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Trevor Kovich
253.779.2408
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 8
ALL COUNTIES
LAND
February 2015
Building Photo
Building
Address
±Total Size
Rate PSF/Price
Zoning
± 14.69 acres
TBD
Light Industrial
 Four buildings currently on site totaling
16,376 SF
45.5 acres
TBD
32.5 acres
$8.95/sf
Bayview Heavy
Industrial
18.5 acres
$8.95/sf
11.7 acres
$4,561,385






6.9 acres
$2,690,048
4.0 acres
$1,559,448
3.8 acres
$1,481,476
3.8 acres
$1,481,476
2.3 acres
$896,683
Comments
Contact
THURSTON COUNTY 2905 Black Lake Blvd SW
Tumwater, WA
Theron Meier
253.779.2426
SKAGIT COUNTY Cascade Industrial Park
148XX McFarland Rd
Mount Vernon, WA
TACOMA 1940 E D St, Suite 100– Tacoma, WA 98402 | 253.779.8400 P
Fully entitled industrial lots
Ready for construction
Common storm water system for all lots
All utilities to site
Lots filled and graded
Lots 2-5 next to BNSF rail spur
KENT 19625 62nd Ave S, Suite C106 – Kent, WA 98032 | 253.395.4848 P
Kermit Jorgensen
253.395.3384
Scott Price
253.779.2419
Mike Avila
Pacific Rim Properties
253.961.4305
www.neilwalter.com
All square footage references are approximate. The information contained herein is from sources deemed reliable. It is provided without representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an
independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
Page 9