Seattle’s 1000 Denny Way Office Loan Heads to Special Servicing Ahead of 2027 Maturity

A $56 million loan secured by the 263,000-square-foot office building at 1000 Denny Way has landed in special servicing weeks before its February 2027 maturity, a rare distress signal for a mortgage that has never missed a payment but now faces 2026 lease expirations from tenants that occupy more than 30 percent of the building.