{"id":1004219367,"date":"2018-04-16T04:05:13","date_gmt":"2018-04-16T12:05:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004219367"},"modified":"2022-12-09T01:31:24","modified_gmt":"2022-12-09T09:31:24","slug":"jv-sells-250-ksf-seattle-area-distribution-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/","title":{"rendered":"JV Sells 250 KSF Seattle-Area Distribution Facility"},"content":{"rendered":"<p>By Tudor Scolca<\/p>\n<div id=\"attachment_1004219373\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004219373\" data-attachment-id=\"1004219373\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/fife-i-5-commerce-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg\" data-orig-size=\"961,721\" data-comments-opened=\"0\" 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;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Fife I-5 Commerce Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Fife I-5 Commerce Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg?w=961\" class=\"wp-image-1004219373 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg 961w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004219373\" class=\"wp-caption-text\">Fife I-5 Commerce Center<\/p><\/div>\n<p>A joint venture of Trammell Crow Co. and The Carlyle Group has sold Fife I-5 Commerce Center, a newly constructed distribution facility in Fife, Wash. NKF Capital Markets negotiated the sale on behalf of the joint venture.<\/p>\n<p>Constructed in 2017, the facility totals 250,490 square feet, divisible to roughly 35,000 square feet. It features 32-foot clear ceiling heights, ESFR fire suppression systems and a rear-loading design with 60 dock-high and three drive-in, grade-level doors. It also provides a 3,000-amp, 277\/480V three-phase power connection. The property is fully occupied by Associated Materials, which signed a 12-year triple-net lease.<\/p>\n<h2>Thriving submarket<\/h2>\n<p>Fife I-5 Commerce Center is located at 2801 E. 78<sup>th<\/sup> Ave., in one of the\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/under-the-radar-2018-top-markets\/\">busiest distribution hubs<\/a>\u00a0of the Seattle area. The asset is situated adjacent to FedEx and UPS facilities, about three miles from Port of Tacoma, with major distribution roads nearby including Interstate 5, routes 7, 509 and 167. The facility is also proximate to BNSF and UP rail yards and SeaTac Airport.<\/p>\n<p>\u201c<em>The Fife submarket continues to experience high tenant demand due to its highly efficient distribution channels. Maybe the only demand more insatiable is that of institutional capital looking to acquire core, Class A industrial product in this appealing submarket,<\/em>\u201d said Bret Hardy, executive managing director at NKF, in a prepared statement.<\/p>\n<p><em>Image courtesy of NKF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Completed last year, Fife I-5 Commerce Center sits within three miles of Port of Tacoma and is fully leased to Associated Materials on a long-term basis.<\/p>\n","protected":false},"author":1284,"featured_media":1004219373,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21742,1610,15],"tags":[38164,36007,36109,32893],"class_list":["post-1004219367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-latest","category-seattle","category-west","tag-bret-hardy","tag-newmark-knight-frank","tag-the-carlyle-group","tag-trammell-crow-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JV Sells 250 KSF Seattle-Area Distribution Facility - 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\/jv-sells-250-ksf-seattle-area-distribution-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JV Sells 250 KSF Seattle-Area Distribution Facility\" \/>\n<meta property=\"og:description\" content=\"Completed last year, Fife I-5 Commerce Center sits within three miles of Port of Tacoma and is fully leased to Associated Materials on a long-term basis.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/\" \/>\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=\"2018-04-16T12:05:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:31:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"961\" \/>\n\t<meta property=\"og:image:height\" content=\"721\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/\",\"name\":\"JV Sells 250 KSF Seattle-Area Distribution Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg\",\"datePublished\":\"2018-04-16T12:05:13+00:00\",\"dateModified\":\"2022-12-09T09:31:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg\",\"width\":961,\"height\":721,\"caption\":\"Fife I-5 Commerce Center\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JV Sells 250 KSF Seattle-Area Distribution Facility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d\",\"name\":\"Tudor Scolca\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"caption\":\"Tudor Scolca\"},\"description\":\"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/tudor-scolca\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"JV Sells 250 KSF Seattle-Area Distribution Facility - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/","og_locale":"en_US","og_type":"article","og_title":"JV Sells 250 KSF Seattle-Area Distribution Facility","og_description":"Completed last year, Fife I-5 Commerce Center sits within three miles of Port of Tacoma and is fully leased to Associated Materials on a long-term basis.","og_url":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-04-16T12:05:13+00:00","article_modified_time":"2022-12-09T09:31:24+00:00","og_image":[{"width":961,"height":721,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg","type":"image\/jpeg"}],"author":"Tudor Scolca","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/","url":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/","name":"JV Sells 250 KSF Seattle-Area Distribution Facility - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg","datePublished":"2018-04-16T12:05:13+00:00","dateModified":"2022-12-09T09:31:24+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg","width":961,"height":721,"caption":"Fife I-5 Commerce Center"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/jv-sells-250-ksf-seattle-area-distribution-facility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"JV Sells 250 KSF Seattle-Area Distribution Facility"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d","name":"Tudor Scolca","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","caption":"Tudor Scolca"},"description":"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.","url":"https:\/\/www.commercialsearch.com\/news\/author\/tudor-scolca\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Fife-I-5-Commerce-Center-e1523626667540.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004219367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1284"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004219367"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004219367\/revisions"}],"predecessor-version":[{"id":1004219700,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004219367\/revisions\/1004219700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004219373"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004219367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004219367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004219367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}