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Real Estate

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July 9, 2019

Rainier warehouse sells for $8.5M

SEATTLE — An industrial property at 1421 S. Dean St. has sold for $8.5 million, according to King County records.

The seller was Store Master Funding XIV LLC, associated with STORE Capital of Scottsdale, which acquired the property in 2017 for $9 million — a loss of about 5 percent over two years.

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