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March 5, 2021

Avenue 55 sells Port of Tacoma industrial buildings for $61M

Real Estate Editor

Photo by Avenue 55 [enlarge]
In this view, looking roughly north, Avenue 55’s three Portside buildings are in the center, with the whitest roofs.

In two related sales at the Port of Tacoma, the first two completed phases of Avenue 55's Portside industrial development have sold for about $61.3 million to CBRE-managed partnerships. Pierce County recorded the deals on Wednesday; both parties used various LLCs and LPs in the transactions.

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