Seattle Commercial Real Estate News of the Day

Wednesday, July 13, 2011

Seattle Times Daily Journal of Commerce Headline
New owner puts Burien Town Square condos back on market Is Amazon adding space in West 8th?
New types of tenants helping fill big-box vacancies SEATTLE — Amazon.com is rumored to be leasing the rest of West 8th, commercial real estate sources say.

Jim O’Hanlon, a VP at Touchstone, the developer of the 28-story building in Seattle’s Denny Triangle, declined to comment. Amazon officials were not available.

Tim Foster of Kidder Mathews said he heard that Amazon is leasing West 8th’s remaining space. Other news sources, including GeekWire, a news website that first reported the rumored deal, quoted other brokers saying the same thing.

Of the 500,000 square feet in West 8th, 320,000 square feet are available for lease. Stuart Williams and David Abbott of Pacific Real Estate Partners are marketing the space. Williams said last month that he expected the building to be leased up in 12 to 18 months. Williams and Abbott were not available yesterday.

West 8th is near Amazon’s new South Lake Union headquarters and next to the 1918 Eighth Ave. tower, where Amazon leased 460,000 square feet this spring.

Apartment developers bypass suburbs, target Seattle
Puget Sound Business Journal
Boeing hires 1,400 in Washington state in June
Regence puts downtown Seattle HQ on the market
Former Korry headquarters in Seattle turns into apartments
Seattle-PI.com
Seattle Condo Project Updates
Microsoft to expand retail with at least 75 more stores
Kemper Freeman gives $1 mil to fight tolls
Other News
83 Units in Renton Sell for $13.1M
Brokers say Amazon could lease 300k square feet in Seattle
Agent: There are Positive Signs in the Housing Market
Hotel Acquisitions Will Rise 28% to $34.8 Billion in 2011
EPO Center Self-Storage and Office Sold for $1.4M
Walgreens Coming to Wallingford

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About CRE Northwest

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