Washington Federal Expands in Idaho Acquiring Bodybuilding.com Property
January 08 2019 - 5:14PM
Business Wire
Washington Federal, Inc. (NASDAQ: WAFD) today announced that it
has consummated the acquisition of the Bodybuilding.com property in
Boise, Idaho from Hopkins Real Estate Investments, LLC. The $15.25
million transaction, which includes a 98,574 square foot building
on 11 acres within the Boise Research Park, closed December 21,
2018. WAFD was represented by the Cushman & Wakefield Pacific
brokerage team of Andrea Nilson, DJ Thompson, LeAnn Hume and
Jennifer McEntee. BBC was represented by the Intermountain
Commercial Real Estate team of Guy Levingston and Jim Hosac.
Pacific Commercial Realty Advisors PM, Boise LLC led by Tammy Cox
will act as the property manager. BBC will remain a tenant in
54,000 square feet of the building.
Washington Federal’s Idaho Regional President, Tom Van
Hemelryck, commented, “The Washington Federal acquisition of the
BBC property, with its many amenities, provides us the opportunity
to expand our operational presence in the Treasure Valley and the
State of Idaho. We’re proud to be contributing future jobs to our
local economy.”
Washington Federal, Inc. is the parent company of Washington
Federal, a national bank that provides consumer and commercial
deposit accounts, insurance products, financing for small to
middle-market businesses, commercial real estate and residential
real estate, including consumer mortgages and home equity lines of
credit. Established in 1917, the Company operates 235 branches in
Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New
Mexico. To find out more about the Company, please visit the
website at www.washingtonfederal.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190108006097/en/
Brad GoodeWashington Federal, Inc.425 Pike Street, Seattle, WA
98101(206) 626-8178
WaFd (NASDAQ:WAFD)
Historical Stock Chart
From Mar 2024 to Apr 2024
WaFd (NASDAQ:WAFD)
Historical Stock Chart
From Apr 2023 to Apr 2024