Le Lézard
Classified in: Business
Subject: RLE

SKB acquires a 24,235 rentable square foot industrial property, located in the historic Ballard neighborhood of Seattle, Washington.


PORTLAND, Ore., Dec. 17, 2021 /PRNewswire/ -- ScanlanKemperBard (SKB) has announced the acquisition of 600 NW 40th Street, an industrial property situated on 0.83 acres just off Leary Way NW between the Ballard and Fremont neighborhoods. The property consists of two warehouses, with one having been recently completed in 2020.

The property is currently 100% leased by a single tenant, Glass Eye Studios, who have been operating out of the property since its construction in 1978. Glass Eye Studios is one of the oldest and largest privately-owned glass blowing operations in the country and has served as the training ground for some of the most famed glass artists of the Pacific Northwest.

According to SKB President, Todd Gooding, "We are thrilled to be making our second investment this month and third overall in the Inter-Bay region of Seattle.  We are strong supporters of the manufacturing and community in the area. We hope to preserve that community by making these key acquisitions"   

About ScanlanKemperBard

SKB is an established real estate developer and operator based in Portland, Oregon. Since its inception in 1993, SKB has originated total portfolio activity of $4.78 billion, comprised of 31.2 million square feet of office, industrial and retail space and 2,154 residential units. With longstanding relationships in each of its markets, SKB has the ability to source, structure and execute value creation across a wide spectrum of real estate opportunities. Visit SKB online at www.skbcos.com to learn more.

MEDIA CONTACTS
Todd Gooding
503-201-6800

SOURCE SKB


These press releases may also interest you

at 12:55
Institute for Supply Management® (ISM®) has selected the 2024 recipients of the R. Gene Richter Scholarship, an award presented annually to the top supply management students from across the United States. Recipients were determined based upon a...

at 12:55
BAE Systems (LON: BA) received a $754 million contract award to continue producing the Armored Multi-Purpose Vehicle (AMPV) family of vehicles (FoVs) for the U.S. Army. This contract begins the second phase of full-rate production of AMPVs between...

at 12:50
Scotiabank is pleased to announce it will be recognized on The Globe and Mail's 2024 Report on Business magazine's annual Women Lead Here list for the fourth consecutive year. This annual editorial benchmark identifies top-level Canadian businesses...

at 12:47
"We are profoundly saddened at the passing of our firm's senior counsel Senator Joe Lieberman. We were honored when this great statesman joined our firm when he retired from the Senate over ten years ago. We are grateful for his many contributions to...

at 12:46
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:...

at 12:46
Olympus, a leading global medtech company providing innovative solutions for medical and surgical procedures, announced today a milestone for its iTindtm device with its availability and greater patient access through the largest healthcare group...



News published on and distributed by: