{"id":1004478019,"date":"2020-09-16T05:05:55","date_gmt":"2020-09-16T13:05:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004478019"},"modified":"2020-09-16T05:05:55","modified_gmt":"2020-09-16T13:05:55","slug":"iron-mountain-sells-seattle-warehouse-for-45m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/iron-mountain-sells-seattle-warehouse-for-45m\/","title":{"rendered":"Iron Mountain Sells Seattle Warehouse for $45M"},"content":{"rendered":"
\"\"<\/a>

19826 Russell Road S.<\/p><\/div>\n

Iron Mountain has completed the $44.5 million sale of a 276,330-square-foot industrial property in Kent, Wash. CenterPoint Properties acquired the facility, according to King County records. The asset last changed hands in 2001, when Equity Industrial Partners sold it for $11 million, Yardi Matrix data shows.<\/p>\n

Located on 12 acres at 19826 Russell Road S., the single-story warehouse was built in 1981 and expanded in 1990. The facility has an 8,940-square-foot office component, one drive-in door and 78 loading docks. The seller has used the property for document and data storage and the secure shredding and disposition of IT assets.<\/p>\n

The site is a short distance from Boeing Industrial Park and two Amazon fulfillment centers. The property is 2 miles from Interstate 5 and roughly 5 miles from Seattle-Tacoma International Airport. Downtown Seattle is 15 miles away.<\/p>\n

In May, Iron Mountain finalized the $9 million disposition<\/a> of a 145,000-square-foot industrial facility in Oklahoma City. Kessinger Hunter Capital acquired the asset, backed by a seven-year, $3.5 million acquisition loan from BOK Financial.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 276,330-square-foot facility previously traded in 2001, when Equity Industrial Partners sold it for $11 million.<\/p>\n","protected":false},"author":867,"featured_media":1004478022,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,1610,15],"tags":[36217,37619],"class_list":["post-1004478019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-seattle","category-west","tag-centerpoint-properties","tag-iron-mountain"],"acf":[],"yoast_head":"\nIron Mountain Sells Seattle Warehouse for $45M - 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\/iron-mountain-sells-seattle-warehouse-for-45m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iron Mountain Sells Seattle Warehouse for $45M\" \/>\n<meta property=\"og:description\" content=\"The 276,330-square-foot facility previously traded in 2001, when Equity Industrial Partners sold it for $11 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/iron-mountain-sells-seattle-warehouse-for-45m\/\" \/>\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=\"2020-09-16T13:05:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/19826-Russell-Road-S..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\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\/iron-mountain-sells-seattle-warehouse-for-45m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/iron-mountain-sells-seattle-warehouse-for-45m\/\",\"name\":\"Iron Mountain Sells Seattle Warehouse for $45M - 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