This office park is conveniently located near freeways 520 and 405. Walking distance to retail amenities in the Bel-Red Corridor. Surrounded by professional offices, commercial banks, retails, and restaurants. The acquired land consists of two parcels of a total of four buildings and abundant parking. Tenants include Lamborghini & Bentley.
Located near the future East Link Light Rail Station and close to the new Spring District and Microsoft headquarter. The Spring district is a mega new town planning project in Bel-Red. Microsoft has announced Spring district to be the future campus of the joint school graduate institute of University of Washington and TsingHua University.
Seven Eleven Sixth Ave
Located just Northwest of Seattle’s Downtown, Queen Anne is situated on the second highest hill in Seattle. With original development at the turn of the 20th century, Queen Anne is one of Seattle’s oldest and most coveted neighborhoods. Lower Queen Anne is a quickly-growing, bustling neighborhood that is home to the Space Needle and Key Arena.
Queen Anne locals enjoy a vibrant community with great history, walkability, neighborhood parks, views of the Puget Sound, and many businesses. Multi-suite office building blocks away from South Lake Union, Space Needle and Key Arena. Large lot for future development opportunity zoned NC3-40. Great potential to build sizable mixed-use building. Highly desirable area in very busy lower Queen Anne. Neighborhood is growing fast with a lot of activity.
The site is on South 320th Street in Federal Way. Connection to Interstate Highway I-5 allows convenient access to and from many Pacific Northwest cities. The site is mixed-use property with substantial parking and adjacent to the city’s planned Town Center and existing Transit Center.
Phillips led the go-to market strategy and the development of the operating budget to determine the valuation of the building. This lead the property to sell at the third-highest sales price per square foot ever achieved in Seattle for a building with fewer than 100 units.