Newport Place Disposition

Newport Place Disposition

Transaction Size:

41,000 SF

After successfully leasing the 41,000 SF multi-tenant building for over 15 years, Broderick Group was tasked with selling Newport Place, which is located in the commercial district of Factoria in South Bellevue. 

Seller Benefit

Seller was able to dispose of the property at an aggressive capitalization rate. The buyer obtained a rare multi-tenant medical/office property in the Factoria area.  

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