Tacoma · Commercial sale
Realty Income U S Core Plus 2 buys 4179 70th Ave E in Fife for $108.38 million
A warehouse at 4179 70th Ave E, Fife sold for $108,375,000 on September 29, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $108,375,000
- Sold
- September 29, 2026
- Property type
- Warehouse
- Building area
- 501,250 sq ft
- Price per sq ft
- $216
- Year built
- 2007
The warehouse sold for $108,375,000, 43% above its recorded market value. Pierce County Assessor-Treasurer's sales records list the market value as $75,999,500.
The sale was recorded on September 29, 2026, at 4179 70th Ave E in Fife. The record lists Clpf - Pccp II LP as the seller and Realty Income U S Core Plus 2 LP as the buyer.
Assessor's records show 501,250 square feet of building area, a build year of 2007 and a 29.0-acre lot. The price works out to $216 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Pierce County?
By our estimate, the seller's two largest charges, not counting prorations, were $3,220,325 for the state real estate excise tax (graduated) and $541,875 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.
How much did the seller net?
By our estimate, the seller netted about $104,161,622. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $108,132,829 at closing. That covers the full price and closing costs.
Source: Pierce County Assessor-Treasurer, sales data downloads, document 4699794. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
