Stan Johnson Company Brokers Sale and Lease of Horse Ranch Outside Seattle, Washington

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Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of an eight-acre horse ranch located at 27106 Old Owen Road in Monroe, Washington. Stan Johnson Company’s Asher Wenig represented the buyer, a Nevada-based private investor, in the 1031 exchange sale and negotiated a new lease with the tenant, Jordán Linstedt Eventing. 

“This was a very captivating transaction. The client wanted to exchange into something they could be passionate about. The client, being an avid rider and well connected in the industry, set their eyes on a horse ranch,” said Wenig, Senior Director and Partner in Stan Johnson Company’s New York office. “We found an outstanding property and structured a very clean triple net lease with an experienced operator.” 

The facility was built in 1960 and is situated on 8.12 acres about 30 miles northeast of Seattle. The property features indoor and outdoor arenas, pastures and pens for horse training, lessons, judging and clinics. 

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About Stan Johnson Company:

Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms that focuses on investment sales transactions involving retail, office, industrial, healthcare, and specialty properties. The firm and its affiliates provide acquisition, disposition, sale leaseback, capital markets, and advisory services for institutions, developers, investment funds, corporate occupiers, and private investors across the United States. With a historic focus in the single-tenant net lease sector, Stan Johnson Company is now in its fourth decade of operation and has expanded its service platform in order to better serve its valued clients. The firm has completed more than $45 billion in transactions nationwide and continues to be regarded as the Net Lease Authority® as it focuses on continued growth and expansion into other industry sectors and services.