Terrafin Commercial

At Terrafin Commercial, we specialize in helping Pacific Northwest businesses, investors and property owners find success in this dynamic marketplace. Our team combines years of experience working in the Seattle-Tacoma Metro Area with market-driven insights and exceptional service to connect the dots and push deals across the finish line. Whether you’re looking to lease, buy, sell or develop, we’re ready to listen to your needs and get to work to help you achieve your goals.

We Offer

Commercial Services
Land acquisition and disposition
Multi-family investment sales
Tenant and landlord leasing
Retail site selection and leasing
Industrial owner-user and investment properties

Contact Us

Companies We Work With

Precision, Inc.
Paradox Coffee Company (Good Vibes Espresso)
Infinite Soups, Inc.
Dr. Deric Toney, Ph.D. (The Dozen ABA) behavioral health
Resolve Marine
Cascade Nurse Practitioners, PLLC
Alpine Counseling Services, LLP
Tattoo Asylum LLC
Van Pul Services, LLC
Kingdom Property Investments LLC (Seddon Plaza)
Clear Vision Family PLLC
Aston Logging LLC
UBuildit Pierce County
CASA Associates, LLC
Asure Northwest Land, LLC
Curran Law Firm
Vital Healthcare Training Center
Pacific Northwest Testing & Assessment Services LLC

Harbor Pacific Contractors, Inc.
253 Homes, LLC
S & K Property Investments, LLC
McCammant Homes
Sager Homes
Rush Residential
Noffke Homes
MTT Homes
Azure Homes
Marathon Development (multi-family senior assisted living)

Grand China Restaurant & Lounge
Dick's Restaurant
Tausi Restaurant & Lounge
Wagon Wheel Restaurant & Lounge
Narrow's Gyro

American Design International
C & N Angels
Aure Med Spa
NW Home Designs

Land

Talk to us about land use, zoning, developers, and cost to build/develop. We have a long history in the land development arena and we look at land for industrial and residential development.
Warehouse / Industrial / Research & Development

Often, the yard around the warehouse is included in a lease, sometimes at the same amount per square foot. What type of access is needed?

Research and Development often needs specific infrastructure for exhaust and procedures as well as cleaning.

Industrial spaces are often in centers with many different companies sharing space for dock loading.
Medical

Specific infrastructures are needed for exhaust. Dental buildouts and specialty, such as kidney dialysis, are exhaustive. ABA Therapy requires large motor movement, so high ceilings and open space. Some mental health physiotherapy requires special equipment and higher electrical voltage.
Churches

First and foremost, finding funding for church purchases is challenging. There is also the question of whether or not a building is zoned for a church or is the current use is as a church. Churches require ample parking. If the lot is small, are neighbors going to have issues with street parking? Is there a lot nearby that can be borrowed or leased?
Tow Yards / auto repair / service station

Starting with working with the local municipal council, getting approval for use zoned and preliminary approval for the specific project is of great value. Then there is infrastructure: Are vehicles to be stored or sold there? Is it going to be required that there is a drainage system to capture any runoff? Is there going to be a SEPA report required for any contamination? How long will it take the Washington State Patrol to approve the site? For auto repair: If there is there going to be a paint booth, what kind of exhaust system will need approval?
Office / shopping centers

Office sales and leasing is a specialty. When preparing to lease out any space, making certain you have a fair and strong leasing amount that will support a strong sales amount is essential. Do not just look at comparable leases, what you think you can realistically get, and what a tenant can realistically pay is important. We do not want vacant non-performing property.

Make certain to cross reference any CC & Rs with land use and check the septic capacity with the contracted monitor. Are there any exceptions in the contracts of current tenants preventing leasing from a new tenant?
Retail

Typically, the lease is a triple net lease with the tenant paying for the utilities. Sometimes, there is a lease in place that is a base rent plus utilities and a percentage of earnings. Anytime a property is leased, the goal is to have a strong performance for the property and for the tenant. If the building comes up for sale while the tenant is under lease, the tenant needs the security of keeping the place and managing how much tenant improvement has been invested into the place.
MultiFamily

Multi-family comes in different forms. What we think of as residential can be townhomes or garden style, sometimes with an office or retail first floor and garages underneath. Those homes could be for sale or lease, townhomes or suites.

Land use is going to be the defining factor per municipality. Consider density and footprint, minimum requirements.
Business sales

Valuing businesses, open marketing, and making sure they close without repercussions takes a lot of planning and interaction. We look at what the overall income, upcoming expenditures, stable book of business, inventory and cost of fixtures and equipment.

Determining whether the current owner stays on to guide the new buyer for a determined time, and what intellectual properties, such as recipes or formulas are included to add to the market value. Marketing involves a special niche of business brokers. Some are industry specific. The escrow process is crucial to make sure the taxes and equipment liens are not passed onto the buyer, so there is a clean start to the new ownership.
Restaurants

Searching for second generation restaurants built out with hoods, exhaust systems, fire suppression, gas power for appliances and in ground grease interceptors is a large undertaking that we are happy to navigate. Change of Ownership letter is required for built out restaurants. New applications are required for spaces being established.
Childcare centers

We are a full-service brokerage for childcare centers with years of experience in the childcare field. Understanding space usage and design is important to providing a balanced environment for children to learn.

About Us

Kate Stanford

Commercial Broker

[email protected]

Kate Stanford has been in the commercial arena for 11 years, brokering acquisitions for expansion and newly established companies. She recommends locations based on the highest likelihood for success and calculates market rates to ensure a solid tenant base and resale value for landowners.

Kate specializes in childcare, restaurant, warehouse, land, and office space. Kate is a 28-year veteran in real estate, formerly a manager of a major real estate company, and mentoring new brokers. During her residential work for the previous 17 years, she worked with bank owned properties through Freddy Mac, IndyMac and Wilshire Bank. She also continues to concentrate on new construction acquisition and site management.

Please read her upcoming installments on Real Estate Laid Out for practical advice on improving your real estate portfolio.