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October 20, 2020

Panattoni sells new Amazon-leased warehouse to KKR in $45M deal

By BRIAN MILLER
Real Estate Editor

Photo by Sierra Construction [enlarge]
The distribution center is pictured here during construction, over the winter of 2018-2019.

Glacier Peak at Riverside Business Park, at 600-700 Riverside Road in Everett, has sold for $45.2 million, according to Snohomish County records. The seller was Glacier Peak Industrial Owner LLC, associated with Panattoni, which acquired the land in 2018 from the Port of Everett, then developed it. Amazon is the tenant.


 
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