Kidder Mathews Closes First-Time Sale of Tacoma Industrial

Kidder Mathews Closes First-Time Sale of Tacoma Industrial

Matt McLennan, SIOR, CCIM, an EVP at Kidder Mathews, represented the buyer in the purchase of the M Street Industrial Park in Tacoma, WA. Located at 2940 S. M St., the property was acquired for $5,000,000 as part of a 1033 exchange. It was the first time the property had come to market. Located in Tacoma’s Nalley Valley, the property offers immediate access to Interstate 5 and Highway 16, with proximity to the Port of Tacoma and key regional ind…

23,500 SQFT M Street Industrial Park in Tacoma Trades for $5MM - The Registry

Tacoma, Wash. (August 14, 2025) – Matt McLennan, SIOR, CCIM, a shareholder and board member at Kidder Mathews, represented the buyer in the purchase of the M Street Industrial Park in Tacoma, Washington. Located at 2940 South M Street, the property was acquired for $5,000,000 as part of a 1033 exchange. The 23,500-square-foot industrial complex, situated on 1.55 acres, is 100% leased and features five tenant spaces with grade-level doors, gated …