Kent at a glance
- Where
- South King County, in the Green River valley between Seattle and Tacoma
- Big names nearby
- Blue Origin headquarters, aerospace suppliers and one of the largest warehouse districts on the West Coast
- Companies that sell well
- Distribution, light manufacturing, trucking, trade contractors, equipment service
- Real estate
- Many owners also own their building, which changes the deal
- Who buys
- Industrial competitors, logistics groups, private equity platforms and individual buyers with SBA loans
Industrial Buyers Know the Valley
Buyers for Kent companies are often other operators who already know the area, the rents and the labor market. They will move fast if the numbers work and the facility fits.
Have equipment lists, customer concentration figures and a clear summary of your facility ready.
If You Own the Building
Many valley owners hold their building in a separate company. You can sell it with the business, keep it and lease it to the buyer, or sell it separately.
How you sell it matters. Selling the company that owns the real estate can trigger real estate excise tax on the full property value. Our guide to REET on a controlling interest sale explains when.
Freight and Distribution
Kent is close to the ports of Seattle and Tacoma and to SeaTac airport. Companies that handle freight, storage or distribution for those flows are attractive to logistics buyers.
Our page on freight forwarders covers what buyers check in that field.
Labor and Safety
Valley companies depend on warehouse workers, drivers and machine operators. Buyers will look at turnover, wages and your workers' comp claim history, since it affects their premiums.
Our guide to L&I and ESD accounts explains what a buyer inherits.
Preparing for Buyers
- Revenue and gross margin by customer for three years
- A facility summary: square footage, dock doors, power, lease terms
- Equipment list with ages and maintenance records
- Safety program and claims history
Timing a Valley Sale
Industrial rents and vacancy in the valley change with the economy. A long lease signed at a good rate is an asset a buyer will pay for; a lease about to reset to market is a cost they will subtract.
If your lease is near its end, talk to a broker before you renew, since the terms can affect the sale.
Equipment and Sales Tax
Forklifts, racking, trucks and machines are tangible assets. In an asset sale, Washington retail sales tax generally applies to them, so the allocation of the price matters.
To get a sense of value, use the price check form or call (206) 555-0171. More background is on Seattle Business Brokers Desk.
