B R I A N    B R U I N I N K S, CCIM
Principal
Industrial,
Office &  
Investment  
Properties  
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
Featured Properties
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.
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
Click here for the Auburn Park 277 flyer
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
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
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
Winter 2011 Andover Industrial Newsletter Now Available
Please click below for the link to the newsletter:
Winter Industrial Newsletter
CORFAC Ranks in Top 12 Commercial Real Estate Companies
The selection criteria included sector involvement, business area focus, geographic concentration,
longevity, growth and revenue.

Click here to read the full article at Multi-Housing News.
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
ninth year in a row. The award recognizes the hard work of firms
that achieved the highest transaction volumes in 2010.

In addition to being recognized as a firm, Andover agent
Connie
Boyle, CCIM,
was awarded an individual Power Broker
designation as one of Puget Sound's top retail brokers for 2010.

Click here to read the full article on CoStar's website.
Puget Sound Industrial Market Stats, First Quarter 2011
The Puget Sound Industrial market ended the first quarter 2011 with a vacancy rate of 8.1% compared to
8.4% at the end of the fourth quarter 2010. This represented a positive absorption of 848,784. We
anticipate a slow decrease in vacancies over the next two to three years.  Rents should remain relatively
flat into 2013.

Click here to read the full article.
Kent West Corporate Park 100% Occupied
On behalf of DEXUS Property Group, The Andover Company/
CORFAC International is pleased to announce recently
completed leases totaling approximately 152,811 square feet at
Kent West Corporate Park.  Leasing included lease renewals
with Graybar Electric and Forward Air and one new lease totaling
47,821 square feet to an undisclosed tenant.  Kent West is
currently 100% occupied .  Brian Bruininks, CCIM of The Andover
Company represented the landlord, DEXUS Property Group in
these transactions.

Click here to read the full press release.
Kent West CP  •  Kent, WA
140,810 Square Feet Leased at Kent West Corporate Park
On behalf of DEXUS Property Group, The Andover Company/
ORFAC International is pleased to announce recently completed
leases totaling approximately 140,810 square feet at Kent West
Corporate Park. Recent deals included lease renewals with
Graebel and the relocation/expansion of Firstech into 30,700
square feet formerly occupied by Amsafe Bridport. We would like
to thank Chris Spofford of Jones Lang LaSalle for assisting
Graebel. We would also like to thank Tony Rona of Flinn
Ferguson for his efforts in representing Firstech with their
relocation/expansion. Kent West is currently 99% occupied.
Brian Bruininks, CCIM of The Andover Company represented the
landlord, DEXUS Property Group, in these transactions.
Kent West CP  •  Kent, WA
The Andover Company Closes 10 Deals Covering 131,200 Square Feet
Click here to read the full press release.
Summer 2011 Andover Industrial Newsletter Now Available
Please click below for the link to the newsletter:
Summer Industrial Newsletter
The Andover Company Wins Representation of 47+ Acre Land Parcel
Click here to read the full article.
The Andover Company Closes 19 Deals Covering 222,305 Square Feet
Click here to read the full press release.
Investors Weigh In on Outlook for 2012
CCIM, 10/26/2011

U.S. investors should prepare for commercial real estate’s sluggish growth rate to continue in 2012,
according to the 33rd annual Emerging Trends in Real Estate® 2012, a joint report from
PricewaterhouseCoopers and the Urban Land Institute that surveys 950 commercial real estate industry
executives.   

For the complete article, please click the title heading above.

Source:  
CCIM.com
Investors Weigh In on Outlook for 2012
The Andover Company Closes $6.5 Million Industrial Building Sale
Brian Bruininks, CCIM and Brian Dennehy represented
Cabot Industrial Fund III in the acquisition of an 86,675
square foot industrial building located at 1516 Fryar
Avenue, Sumner, WA. The purchase price was $6.5 million.
Kent West CP  •  Kent, WA
The Andover Company Closes 8 Deals Covering Over 191,000 Square Feet
Click here to read the full press release.
The Andover Company Closes 15 Deals Covering Over 123,000 Square Feet
Click here to read the full press release.

•        Brian Bruininks, CCIM and Dave Baumer represented lessor Realty Associates Fund VIII in their
lease with lessee
NW Auto for 4,000 square feet of industrial space at Pacific Business Park, located at
8627 S. 212th Street, Kent, WA.   

•        
Brian Bruininks, CCIM and Dave Baumer represented lessor Realty Associates Fund VIII in their
lease with lessee
Ames Tools for 4,000 square feet of industrial space at Pacific Business Park, located
at 8613 S. 212th Street, Kent, WA.  

•        
Sean Durkin and Brian Bruininks, CCIM represented lessee Diamond Freight Systems, Inc in their
lease with lessor
LIT Finance, LLC for 2,880 square feet of industrial space at SeaTac Industrial Park,
located at 19024 13th Place S., SeaTac, WA.  

•        
Brian Bruininks represented lessor Emutt Holdings LLC in their lease to lessee Ecco Design for
1,067 square feet of industrial space at
Emutt Holdings Building, located at 203 N. 36th Street, Suite 203,
Seattle, WA.
The Andover Company Closes 12 Deals Covering Over 164,000 Square Feet
Click here to read the full press release.

•        Brian Bruininks, CCIM and Dave Baumer represented lessor Realty Associates Fund VIII in its lease
with Kelley Imaging Systems for 17,838 square feet of industrial space at Pacific Business Park, located
at 8725 S. 212th Street, Kent, WA.
The Andover Company Closes $10.46M Property Sale in Kent
California-based Orchard Partners LLC and Morgan Stanley Real Estate Investing paid Sciola Family
Properties $10.46 million for the Creekside Distribution Center in Kent.   

Dave Baumer, Brian Bruininks, CCIM, and George Rockwell, SIOR of the Andover Co. handled the
transaction for the parties.  

To read the full article, click here.
Landing Center at Van
Doren's Landing
25,450/8,935 SF For Lease

Two spaces available in a
professional business
environment centrally located
with convenient access to all
major freeways. Dock high and
grade level loading.

Click here for the 25K Landing
Center Flyer or here for the 8K
Landing Center Flyer
Black River Corporate Park /
Earlington Business Park
11,590/7,200 SF
For Lease

Two spaces available in an
industrial business park in south
Renton. All spaces are
rail-served with a 22' clear height.

Click here for the 11K Earlington
Flyer
, or here for the 7K
Earlington Flyer
DEXUS Kent West
Corporate Park
57,990/11,000

Two suites available with grade
level and dock high loading.  
Great access, parking and
function.

Click here for the DEXUS Kent
West Flyer
The Andover Company Closes 22 Deals Covering Over 248,634 Square Feet
Click here to read the full press release.

Included in the deal summary, Brian Bruininks, CCIM completed six of these leases totaling 126,377
square feet.  

“We saw an uptick in activity in December, which is somewhat unusual going into the holidays.  I think the
majority of the users that had new deals or renewals in play wanted to finalize agreements prior to the
holiday break,” Bruininks said.  “We expect industrial market activity in to improve 2012, albeit slowly.  
Certain market segments should lead the way, especially industrial properties that cater to the aerospace
industry.  General industrial properties may find it slower going because job growth and consumer
spending have been relatively flat.  Approximately 75-80% of the Kent Valley industrial market is tied to the
general distribution and industrial service sectors.  Until we see a sustainable trend in job growth and
consumer spending, most general industrial users will continue to be conservative in their facility
planning for 2012 and 2013.”