{"id":1004028608,"date":"2011-04-18T06:17:05","date_gmt":"2011-04-18T14:17:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004028608"},"modified":"2022-12-08T00:55:37","modified_gmt":"2022-12-08T08:55:37","slug":"kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\/","title":{"rendered":"Kidder Matthews Gets 3.8 MSF Assignment"},"content":{"rendered":"<p>April 15, 2011<br \/>\nBy Barbra Murray, Contributing Editor<\/p>\n<p><a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004028609\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\/kentncorporateparkphoto\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg\" data-orig-size=\"1107,614\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"KentNCorporateParkPhoto\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg\" alt=\"\" title=\"KentNCorporateParkPhoto\" width=\"300\" height=\"166\" class=\"alignright size-medium wp-image-1004028609\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg 1107w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg?resize=300,166 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg?resize=768,426 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg?resize=1024,568 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Kidder Matthews has landed a big one. Principal Real Estate Investors has a portfolio of two corporate parks totaling nearly 3.8 million square feet in Kent, Wash., and the company has chosen Kidder Matthews to handle marketing and leasing responsibilities at the two industrial complexes.<\/p>\n<p>The King County portfolio that is now in Kidder Mathews&#8217; care includes Northwest Corporate Park-Kent, which, with offerings totaling 2.7 million square feet, holds the distinction of being the largest industrial park in the Kent Valley submarket. Kent North Corporate Park is also part of the package, and features approximately 1 million square feet of Class A distribution and warehouse accommodations.<\/p>\n<p>Both properties are located about 20 miles south of Seattle and provide tenants with easy access to a handful of major thoroughfares, including I-5 and I-405. <\/p>\n<p>Neither park is at full occupancy level; however, the improving state of the metropolitan Seattle office market bodes well for Kidder Mathews. As noted in the firm&#8217;s first quarter report, the year has gotten off to a good start for Greater Seattle and South King County, where the respective vacancy rates in the first three months of 2011 dropped from 8.29 percent to 7.91 percent and 8.32 percent to 7.79 percent. Additionally, both areas experienced absorption in the first quarter for the first time since 2008.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The King County portfolio that is now in Kidder Mathews&#8217; care includes Northwest Corporate Park-Kent, which, with offerings totaling 2.7 million square feet, holds the distinction of being the largest industrial park in the Kent Valley submarket. Kent North Corporate Park is also part of the package, and features approximately 1 million square feet of Class A distribution and warehouse accommodations.<\/p>\n","protected":false},"author":936,"featured_media":1004028609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21748,21742],"tags":[],"class_list":["post-1004028608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-industrial","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kidder Matthews Gets 3.8 MSF Assignment - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kidder Matthews Gets 3.8 MSF Assignment\" \/>\n<meta property=\"og:description\" content=\"The King County portfolio that is now in Kidder Mathews&#039; care includes Northwest Corporate Park-Kent, which, with offerings totaling 2.7 million square feet, holds the distinction of being the largest industrial park in the Kent Valley submarket. Kent North Corporate Park is also part of the package, and features approximately 1 million square feet of Class A distribution and warehouse accommodations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-04-18T14:17:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T08:55:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/04\/KentNCorporateParkPhoto.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1107\" \/>\n\t<meta property=\"og:image:height\" content=\"614\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Allison Landa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\\\/\"},\"author\":{\"name\":\"Allison Landa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/0eb45390ae3124c14a919b7ec7bd2249\"},\"headline\":\"Kidder Matthews Gets 3.8 MSF Assignment\",\"datePublished\":\"2011-04-18T14:17:05+00:00\",\"dateModified\":\"2022-12-08T08:55:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\\\/\"},\"wordCount\":220,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/04\\\/KentNCorporateParkPhoto.jpg\",\"articleSection\":[\"Featured\",\"Industrial\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kidder-matthews-wins-3-8-msf-suburban-seattle-industrial-portfolio-lease-assignment\\\/\",\"name\":\"Kidder Matthews Gets 3.8 MSF Assignment - 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