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December 7, 2017

Continental Mills pays $24M for Tukwila HQ

Journal staff reporter

Local, family-owned Continental Mills has bought its longtime Tukwila headquarters property, at 18000-18200 Andover Park W., for almost $24 million. King County recorded two separate transactions involving three parcels of land that total about 11 acres.

The seller was LIT Industrial Limited Partnership, an entity of Lion Industrial Trust, a REIT managed by Clarion Partners of New York. LIT acquired all three properties as part of a larger 73-acre, $203 million deal with Segale Properties in 2015.

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