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February 13, 2020

CBRE secures $39M for Bothell buyer

Canyon Park East in Bothell sold in December for about $54.6 million. The office park buyer was a fund managed by Kennedy Wilson. Tom Pehl and Lou Senini of CBRE represented the seller, an LLC associated with Blackstone. Now CBRE has announced that its Brad Zampa, Mike Walker and Megan Woodring secured an over $38.6 million loan for KW. The East Coast lender wasn't named. The 269,400-square-foot park is at 22011-22215 26th Ave. S.E. and related addresses. CBRE says it's 83% occupied.

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