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Shipbuilder's Sale of Sprawling Seattle Facility Yields $181 Million

Large Property on City’s Southern Industrial Waterfront Sold to New York Investor
A Washington State Ferry crosses in front of Seattle's industrial south waterfront, home to Vigor Shipyards, a 27-acre industrial property sold in a sale-leaseback transaction. (Getty Images)
A Washington State Ferry crosses in front of Seattle's industrial south waterfront, home to Vigor Shipyards, a 27-acre industrial property sold in a sale-leaseback transaction. (Getty Images)
CoStar News
March 15, 2022 | 10:09 P.M.

Vigor Shipyards, a sprawling maritime facility on roughly 27 acres of Seattle’s southern industrial waterfront, with dry docks large enough to berth ferries and Coast Guard cutters, was sold for about $181 million.

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