B R I A N B R U I N I N K S, CCIM
Principal
Office & Investment Properties
|
Main 206.244.0770 Direct 206.336.5324 Cell 206.856.6249 Email Brian 415 Baker Blvd, Ste 200, Tukwila, WA 98188
Brian Bruininks, CCIM is now a Partner at The Andover Company
|
We are pleased to announce that Brian Bruininks, CCIM is The Andover Company's newest
partner. Brian joined The Andover Company after more than eight years with two national
commercial real estate firms. Brian has spent the last twelve years leasing and selling
industrial, office and investment properties in the South King County / North Pierce County
area.
His experience and business relationships with owners, tenants and brokers will help The
Andover company continue o serve your real estate needs for years to come.
Click here to read the entire press release.
Algona II -- Broker Bonus!
58,407 SF for Lease
Distribution Center centrally
located at the crossroads of
Highway 18 and Highway 167.
Heavy power, generous parking
and perimeter security fence.
Space has 5,650 SF of office.
Click here for the Algona II Flyer
Brian Bruininks, CCIM, and George Rockwell of The Andover
Company, Inc./Corfac International, have been selected by
Panattoni Development as the exclusive sale/leasing agents
for Auburn Park 277, a 141,970 SF warehouse/distribution
building in Auburn, Washington. Completed in mid-2008,
Auburn Park 277 is designed as a multi-tenant building that
can accommodate up to four tenants. Currently there is
approximately 70,985 SF available. The other half of the
building is leased to Pacific Cascade. The property is listed for
sale for $11,000,000. “Auburn Park 277 provides an excellent
opportunity for an owner user looking to purchase a new, high
quality industrial building in the heart of the Kent Valley, the
Pacific Northwest largest distribution market,” Bruininks said.
Panattoni Development Selects The Andover Company for Auburn Project
TA Realty Associates Purchases Pacific Business Park in
Kent, WA, for $19,475,000. Brian Bruininks, CCIM, of The
Andover Company/CORFAC International represented TA with
the acquisition.
Pacific Business Park, a five-building project totaling 175,000
SF, was designed for small to medium-size tenants from
3,000 SF to 40,000 SF and features dock high and grade
level loading and convenient freeway access. Pacific
Business Park is located on the 50-yard line of the Kent
Valley with excellent frontage along 212th Street and
Highway 167.
TA Realty Associates Purchases Pacific Business Park in Kent
700 Milwaukee Distribution Center Sold to Homecare Products
Fed Way Center
90,000 SF for Lease
90,000 SF of medical and dental
suites available on three floors.
Suites range from 2,500 SF to an
entire floor of 30,000 SF. Class A
finishes throughout. Adjacent to
St. Francis Hospital Campus in
Federal Way. Available late 2010/
early 2011.
Click here for the Fed Way
Center Flyer
Brian Bruininks, CCIM and David Baumer of The Andover
Company represented the seller, TA Associates Realty, with
the disposition of 700 Milwaukee Distribution Center, a
109,475 square foot distribution center in Algona,
Washington. Formerly occupied by Shaw Industries, 700
Milwaukee Distribution is a single tenant industrial building
featuring dock high and grade level loading, 24’ clear height
and a secured truck court. Homecare Products purchased
the 700 Milwaukee building for $8,000,000 to consolidate
operations formerly located in Auburn, Washington.
700 Milwaukee Avenue • Auburn, WA
|
4810 D Street NW • Auburn, WA
|
8605-8747 S. 212th Street • Kent, WA
|
Brian Bruininks, CCIM, and Jeff Crane of The Andover
Company represented Favro Investments in the acquisition of
Federal Way Corporate Center, a 73,498 SF industrial
building in Federal Way, Washington, on April 30, 2008 for
$7.4 million. Brian Bruininks, CCIM and Jeff Crane
represented the buyer in this transaction.
Federal Way Corporate Center was constructed in 2000 and
was 100% leased at the time of sale to four tenants.
Federal Way Corporate Center - SOLD
34210 9th Avenue S • Federal Way, WA
|
Brian Bruininks, CCIM, and Jeff Crane of The Andover
Company are pleased to announce the sale of Clay Street
Business Park for $4,850,000.
Clay Street Business Park is a two-building, seven-tenant
industrial business park totaling 48,369 SF located in
Auburn, Washington.
Clay Street Business Park - SOLD
116 Clay Street NW • Auburn, WA
|
THE ANDOVER
COMPANY, INC.
CORFAC INTERNATIONAL
On behalf of Property Reserve, Inc., The Andover Company,
Inc. is pleased to announce that Encore Sales & Marketing
has leased 10,664 SF in Landing Center at Van Doren’s
Landing in Kent, Washington.
Brian Bruininks, CCIM, of The Andover Company, Inc./Corfac
International is the exclusive leasing agent for Landing Center
and represented the landlord in this transaction. Tony
Valentine of The Andover Company, Inc./Corfac International
represented Encore Sales & Marketing. Encore is relocating
their Seattle headquarters from Tukwila to Landing Center.
Encore Sales & Marketing Leases 10,664 SF at Landing Center in Kent
22407 68th Avenue S • Kent, WA
|
On behalf of RREEF, The Andover Company, Inc./Corfac
International is pleased to announce that Venture Furniture
has leased 12,100 SF in Riverbend Commerce Center.
Brian Bruininks, CCIM, and Matt Arnoldy of The Andover
Company, Inc./Corfac International are the exclusive leasing
agents for Riverbend Commerce Center and represented
RREEF, the landlord, in this transaction.
Venture Furniture Leases 12,100 SF at Riverbend Commerce Center
8005 S 266th Street • Kent, WA
|
The Andover Company Receives CoStar Power Broker Award
The Andover Company received the CoStar Power Broker
award as a top leasing firm in the Seattle/Puget Sound
market for the seventh year in a row. The award recognizes
the hard work of firms that achieved the highest transaction
volumes in 2008.
Once again this year, CoStar teamed with its media partner,
Real Estate Forum magazine, to promote the CoStar Power
Broker Awards recognizing the "best of the best" in
commercial real estate brokerage.
Metropolitan Hardwood Floors Relocates To New Kent Distribution Facility
Metropolitan Hardwood Floors (US) will soon be relocating to
Cabot Properties’ Cabot @ 216 building in Kent, Washington,
consolidating two existing Kent locations into one centralized
distribution facility totaling 62,150 square feet. Brian Bruininks,
CCIM of The Andover Company, Inc./Corfac International
represented Metropolitan Hardwood Floors. Bruininks has
worked on Metropolitan’s behalf for the past 8+ years, including
multiple facility expansions, lease extensions and the
procurement of new facilities in the Denver, CO and Omaha, NB
markets. “Operational efficiencies and the reduction of facility
costs were the two main drivers in our decision to relocate,”
Bruininks said. “A softer leasing environment provided us with
the opportunity to negotiate favorable lease terms. In addition, a
more efficient layout at Cabot’s property allows Metropolitan to
shed about 12,000 square feet of warehouse space, further
reducing their operating expenses.”
Originally founded in 1992 in Vancouver, Canada, Metropolitan
Hardwood Floors distributes an exclusive selection of premium
quality prefinished hardwood floors to markets throughout
Canada and the western USA. In 1996, Metropolitan Hardwood
Floors (US), Inc. was formed to better serve customers in the US
markets. Metropolitan’s Kent, Washington facility serves as the
company’s US headquarters and comprises a sales and
distribution center, technical training center and product
showroom. Metropolitan distributes its products to hardwood
flooring dealers across the western US, including Alaska and
Hawaii. Two additional distribution centers are located in
Denver, Colorado and Omaha, Nebraska. Metropolitan’s
commercial design division specializes in providing hardwood
flooring solutions for the architecture and interior design
community.
8030 S 216th Street • Kent, WA
|
Pacific Cascade Leases Remaining 48,885 SF at Auburn Park 277
On behalf of Panattoni Development, The Andover Company,
Inc./CORFAC International is pleased to announce that Pacific
Cascade has leased the remaining 48,885 square feet at
Auburn Park 277. Auburn Park 277, a new high bay distribution
building totaling 141,970 square feet was completed by
Panattoni in June 2008. Pacific Cascade initially leased 50% of
the building. Brian Bruininks, CCIM and George Rockwell, SIOR
of The Andover Company, Inc./CORFAC International
represented Panattoni in this transaction.
4810 D Street NW • Auburn, WA
|
Washington State Features High on Rankings
In calculating its 2010 State Business Tax Climate Index, the non-profit non-partisan research
organization Tax Foundation finds Washington State to be one of the top 10 best states when it
comes to business taxes.
The foundation scores each state on a combination of indexes based on corporate, individual
income, sales, unemployment and property taxes. The result is a score of zero (worst) to 10 (best).
On this basis, Washington scores 5.81 for 2010, compared with 5.94 for 2009. Other states' scores
range from 7.42 to 3.6. Not unexpectedly, Washington receives the highest rating in the nation for
income tax but the lowest for sales tax. Good scores on the other taxes boost it to ninth position
overall.
Washington state weighs in at number 2 on Forbes magazine's latest ranking on the best states for
business, which measures six vital business categories - costs, labor supply, regulatory
environment, economic climate, growth prospects and quality of life. Our state is rated best in the
nation on growth prospects and features in the top five on labor supply, regulatory environment, and
economic climate.
Golden Viking Sports Leases 45,864 SF at Kent West Corporate Park
On behalf of RREEF, The Andover Company, Inc. is pleased to
announce that Golden Viking Sports has leased 45,864 SF in
Kent West Corporate Park, Building D. Brian Bruininks, CCIM of
The Andover Company is the exclusive leasing agent for Kent
West Corporate Park and represented RREEF/RPH Industrial,
the landlord, in this transaction.
Golden Viking Sports acquired the Diadora brand soccer license
for the U.S. in late 2009. Since 1983, Diadora has been
providing the U.S. soccer market with high-quality footwear,
apparel and gear. Golden Viking Sports acquired the license to
distribute Diadora brand products after the recent sale of
Italy-based Diadora S.p.A. to Italian holding company LIR.
21929 67th Avenue S • Kent, WA
|
Kent West Corporate Park
47,821 SF for Lease
Single-loaded building in the
center of Kent. Excellent freeway
access, 125' of truck
maneuvering.
Click here for the Kent West Flyer
Winter 2010 Andover Industrial Newsletter Now Available
The Andover Company Receives CoStar Power Broker Award
The Andover Company received the CoStar Power Broker
award as a top leasing firm in the Seattle/Puget Sound
market for the eighth year in a row. The award recognizes
the hard work of firms that achieved the highest transaction
volumes in 2009.
In addition to being recognized as a firm, Brian Bruininks,
CCIM, was awarded an individual Power Broker designation
as one of Puget Sound's top industrial brokers for 2009.
Click here to read the full press release.
Spring 2010 Andover Industrial Newsletter Now Available