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Seattle Industrial Park Sees Value Jump by 50% in Four Years

Eight-Building Complex Sold for $45 Million in Latest Sign of Regional Industrial Vigor
An entity associated with Al Monjazeb, a local businessman, purchased the eight-building Tye Lake Business Park. (CoStar)
An entity associated with Al Monjazeb, a local businessman, purchased the eight-building Tye Lake Business Park. (CoStar)
CoStar News
August 27, 2022 | 12:32 AM

An eight-building industrial park north of Seattle has traded hands, jumping 50% in value in just four years — the latest sign of strength in the region’s industrial market.

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