CBRE, Inc., as an exclusive advisor, is pleased to offer Totem Industrial Park (“The Property”), a seven-building, small bay industrial park totaling 84,978 square feet in the Kent Valley submarket of Seattle. The highly functional property is 83% (94% in existing suites) leased to 10 diverse tenants with 2.77 years of WALT. The Property offers significant near term NOI upside with 28% below market rents and the opportunity to lease up the remaining 14,750 SF, which includes the 10,430 SF rebuild of Suites 1517 & 1531. The property also offers 25,000 SF of fenced and secured yard space ideal for excess parking or outdoor storage (IOS) which is extremely rare for suites in this size range. Small bay space in Kent Valley continues to be the most supply constrained segment of the Seattle market, with no new space under construction, a 3.5% vacancy rate and 21% YOY rent growth. Buyer will assume the cost of the rebuild of suites 1517 & 1531 (10,430 SF) which is estimated to cost $1.76M ($169 PSF) and deliver in Q4 2025