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SeaTac Complex Sells for $20M

Summary by djc.com
An industrial property at 19216-19320 Des Moines Memorial Drive sold this week for a little over $19.8 million, according to King County records.

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SeaTac complex sells for $20M

An industrial property at 19216-19320 Des Moines Memorial Drive sold this week for a little over $19.8 million, according to King County records.

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The RegistryThe Registry

La Caisse Affiliate Sells 7.7-Acre Des Moines Logistics Center in SeaTac for $19.8MM

The buyer paid about $145 per square foot for the 1995-built campus of four small-suite flex buildings near Seattle-Tacoma International Airport, roughly 30 percent below the Puget Sound industrial average. IC Industrial REIT, an affiliate of Canadian investor La Caisse, formerly known as Ivanhoé Cambridge, has sold the four-building Des Moines Logistics Center near Seattle-Tacoma […]

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djc.com broke the news on Wednesday, September 30, 2026.
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