Walter East Nelson Co. has paid $41 million, or $222.83/sf, for the Cascade Building, a 184,000-square-foot industrial property in Bonney Lake, Wash. The Portland, Ore., company purchased the property from Cascade RCL LLC, which was represented by Kidder Mathews. Walter East Nelson structured its purchase as part of a tax-deferred exchange. The company, a distributor […]

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