South Everett office building sells for $12.5 million

The 68,575-square-foot building was 89 percent occupied at the time of the sale.

A Redmond real estate firm purchased a south Everett office building for $12.5 million. (Contributed photo)

EVERETT — A commercial real estate investment company has purchased an office building in south Everett for $12.5 million.

Redmond-based SmartCap Group takes over the 68,575-square-foot Quadrant I-5 Corporate Park Building B at 808 134th Ave. SW in Everett.

The seller was TMG Lynnwood, a commercial real estate investment company. Kidder Mathews commercial real estate was the broker.

The two-story building is 89 percent occupied.

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