12 Jan SOLD! Manufacturing Building in Kent
Neil Walter Company recently had the privilege of representing both the buyer and seller in the sale of a 77,000 square foot manufacturing facility in Kent. Jim Honan and Griffin Day received the listing on the Custom Bilt Metals building after a competing brokerage had unsuccessfully attempted to the sell the property for the previous two years. Within sixty days of receiving the listing, Shane Hoey and Mike Roy brought the buyer of the property, Bruce Matson Company, who paid the full asking price of $4,850,000 for the facility.
Bruce Matson Company is a Hawaii-based specialty contractor, supplier, and manufacturer providing single source responsibility for residential and commercial casework, architectural doors, finish carpentry, and specialty installations. Their pending relocation from their existing Ship Canal location nearly triples their production area. In addition to representing Bruce Matson in the sale, Neil Walter Company also will be backfilling their existing facility with a new tenant with no vacancy downtime.