Suncoast LLC

The Andover Company represented SunCoast LLC on the purchase of 10.17 acres located on Highway 167 and South 277th Street in Auburn, WA.  The project was commenced and marketed as a 140,000-SF, two-building spec development catering to the mid-sized tenant with dock-high needs.  After site work began, another company we represented, Toysmith Corporation, was interested in purchasing a single, freestanding 138,400 square foot facility.  Site work was halted and the project was brought back through the city of Auburn for a revised permit as a build-to-suit sale for Toysmith.  The finished building was 138,400 SF, which included 26,000 square feet of office, and sold for $8,098,000.