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March 12, 2019

$14M sale for Duwamish site

SEATTLE — A waterfront industrial parcel on the Duwamish River, at 7400 Eighth Ave. S., has sold for almost $13.8 million, according to King County records. The seller was DeNovo Seattle LLC, which acquired the property in 2014 for $10 million.

The buyer was 8th Avenue Terminals Inc., which is associated with Crowley Maritime of Jacksonville. Public records indicate the assumption of a loan from Wells Fargo.


 
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