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April 17, 2025

Yard space sells for over $5M

KENT — An industrial property at 25924 78th Ave. S. sold this week for over $5.6 million, according to King County records. The seller was Top Rung Investments LLC, which acquired the property in 2003 for $600,000.

The buyer was SP 78th Ave LLC, which is associated with Steel Peak. That California investor specializes in yard space. Public records indicate a loan from American Security Insurance.


 
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