SEATTLE – October 26, 2016 Vulcan Real Estate and partner McKinstry have leased 81,000 square feet of office space to Amazon at 428 Westlake Avenue North in South Lake Union.
Amazon will occupy all five floors of office space in the six-story building. The 5,000 square feet of ground-floor retail space will continue to be occupied by tenants including AT&T, Berliner Doner Kebab, Key Bank and Museum Quality Framing.
“We are pleased that we could meet an immediate space need for Amazon,” said Ada M. Healey, Vice President of Real Estate for Vulcan Inc. “We have a great partnership with Amazon and are happy to accommodate some of their growth at the center of their South Lake Union urban campus.”
Amazon will move into the space in the first part of 2017 after tenant improvements are complete.
Completed in 2004 and designed by CollinsWoerman, the 428 Westlake Building was a build-to-suit office for Tommy Bahama’s corporate headquarters. The office space in the building has been empty for about a year since Tommy Bahama’s lease expired and the tenant moved to a larger space elsewhere in the neighborhood.
About Vulcan Real Estate
Seattle-based Vulcan Real Estate directs all real estate investment activities for Vulcan Inc., a Paul G. Allen company. Through strategic acquisitions and innovative development, Vulcan Real Estate has created a diversified portfolio of high-performing quality assets including office, biotech, residential and mixed-use projects. The company’s integrated team of real estate professionals offers a full range of development and portfolio management services from site selection and urban planning to build-to-suit construction, leasing and asset repositioning. Its real estate model is based on quality, sustainable development that builds new value across the entire community. To date, Vulcan has delivered 6.5 million square feet in 29 new office, biotech, residential and mixed-use projects, primarily in Seattle’s South Lake Union neighborhood. The company has 787 apartment units under construction in South Lake Union, the University District and Yesler Terrace as well as several more projects in pre-development planning. Vulcan Real Estate has completed $2.7 billion in development projects and has a $1.2 billion pipeline.