Northmarq’s Commercial Investment Sales team completes $18.675M sale of Union Station in Camas, WA

CAMAS, Wash. — Northmarq’s Pacific Northwest Commercial Investment team led by Sean Tufts and Kevin Adatto successfully completed the $18.675 million sale of Union Station, a 35,547-sq.-ft. multi-tenant strip center located at 301 NE 192nd Ave. in Camas, Washington.

Northmarq represented the seller, Ten Talents Delaware 14, LLC. The buyer was Forging Union, LLC.

“Union Station represents best-in-class development within the expanding Southwest Washington market,” Adatto said. “Through the coordinated efforts of all parties, we successfully navigated a CMBS loan assumption in less than 90 days — an extraordinary accomplishment. We appreciate the trust our clients placed in us to execute on their behalf.”

Opened in 2018 and sitting on 2.85 acres, Union Station features two buildings that are home to 15 regional and national brands including financial services, food and drink, health and fitness, medical and retail tenants — all with triple-net leases. It features 121 parking spaces.

Union Station is located in a dense retail corridor and sits on the border of Vancouver and Camas in fast-growing East Clark County, with approximately 186,000 residents live within a 15-minute drive.