Properties
The Plaza Buildings
10800 & 10900 NE 8th Street Bellevue, Washington
Bellevue Technology Center
15805 NE 24th Street Bellevue, Washington
The Westpark Portfolio
8200 - 8644 154th Avenue Ne Redmond, Washington
Seattle - Bellevue/Redmond
Combined NLA 1,608,794 SF
Combined Carrying Value US$672.3M
Portfolio Weight 50.7%
At A Glance
Home to globally renowned public and private research institutions and prestigious universities, Seattle has drawn a deepening pool of talent from aerospace, retail and creative, to information and clean technology sectors. While the central business district continues to flourish, anchored by many Fortune 500 companies, the submarkets of Redmond and Bellevue are booming. Due in part to large corporations like Microsoft, and now Amazon setting the trend of submarket migration, reputable companies are following suit to take advantage of the preferred lifestyle factors that exist just across Lake Washington. A large beneficiary of California out-migration, these Seattle submarkets flaunt convenient access to three national parks and acclaimed hiking, biking, rafting, fishing and other outdoor recreation opportunities.
State Income Tax ZERO Positioning the city as a beacon for continued growth, maintaining young, educated workers at its core
Largest Population Growth US City 10th 145,014 increase in population between April 1, 2010 and July 1, 2019
Universities and Education 56% of Washington residents earn a bachelors degree at minimum
Growth Metrics
GDP Growth Average
2015-2019(1): U.S. average 2.5% 5.6%
2015-2019(1): U.S. average 2.5% 5.6%
Employment Growth Average
2015-2019(2): U.S. average 1.6% 2.8%
2015-2019(2): U.S. average 1.6% 2.8%
Population Growth Average
2015-2019(3): U.S. average 0.6% 1.6%
2015-2019(3): U.S. average 0.6% 1.6%
- (1) U.S. Bureau of Economic Analysis
- (2) U.S. Bureau of Labor Statistics
- (3) U.S. Census Bureau, Population Division
Quality of Life
The scenery and proximity to nature are two catalysts that contribute to Seattle’s alluring atmosphere.
Olympic National Park
Mount Rainier National Park
North Cascades National Park
Bellevue Botanical Gardens
Maydenbauer Beach Park
Lake Washington Kayaking
Seattle Art Museum
Dining at Lincoln Square