Seattle Commercial Real Estate News of the Day

Tuesday, May 10, 2011

Seattle Times Daily Journal of Commerce Headline
Microsoft buying Skype for $8.5B Big lease for KPMG at 1918 Eighth
Amazon.com expanding warehouses in Arizona, Indiana SEATTLE — KPMG leased space at 1918 Eighth, according to officespace.com’s new report.

Schnitzer West, which developed 1918, a 36-story office building, said the company took 49,000 square feet, bringing the building to 95 percent leased.

A spokesman for KPMG, which advises clients on audits and tax issues, said the Seattle office will move to a smaller space late next year.

The company’s office now is in the Norton Building, 801 Second Ave., where a fellow tenant said the company occupies 75,000 square feet.

KPMG’s website states the company employs 335 people in Seattle. The spokesman said even though the Seattle office is moving to a smaller space, KPMG is not reducing staff here.

Brokers Michael Dash and Matt Christian of Cushman & Wakefield Commerce represent KPMG.

Maria Royer is one of downtown Seattle’s top leasing agents
Puget Sound Business Journal
White House: Nearly 500 excess federal properties in Wash. state
4 Seattle-area companies listed among top 100 global brands
Legacy Corporate Center sold for $14M
Seattle-PI.com
Wash. gets $15 mil for high-speed trains after Fla. says ‘no’
Institute for Systems Biology opens SLU headquarters
Oil higher in volatile trading
Other News
Bank of America Bets on Housing Upturn
Home Prices Drop in Three-Fourths of Metro Areas
Starwood Property Q1 Profit Jumps on Commercial Loan Portfolio
310 Building Sells for $2M
Google Reportedly Plans Large Office Development in Mountain View, CA
Chesapeake Lodging Trust closes on hotel buy

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About CRE Northwest

Specialist in office & investment real estate in Seattle & the Eastside
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