SPOKANE, WA, Dec. 20, 2018 – JLL and NAIBlack today announced that Seattle, Wash.-based Rover.com signed a lease for nearly 30,000 SF in the recently renovated Wonder Building located at 835 North Post Street in Spokane, Washington.
Rover, the nation’s largest network of 5-star pet sitters and dog walkers, selected Spokane for its first office outside of Seattle in early 2017 but has grown out of its current space in the Bennett Block Building. The rapidly-expanding company leased the entire top floor and the western end of the second floor and plans to move into its new space by May 1, 2019.
JLL’s Mike Sharapata, and NAIBlack’s Chris Bell represented the property’s landlord, Wonder Spokane, LLC. Blair Stern and Pat Pendergast of JLL’s Seattle office represented Rover.
“The addition of Rover solidifies the transformation of the historic Wonder Building from a former bread factory into a one of the premier office locations in downtown Spokane,” said Pete Mounsey, President of Wonder Spokane. “Rover’s commitment also confirms the Wonder Building’s strong attraction to Spokane’s rapidly growing tech sector. In just a few short years we expect the North Bank to be the place to live, work, and play in downtown Spokane.”
The North Bank refers to the area on the north side of the Spokane River in downtown Spokane. Within it are situated not only the Wonder block but also the Spokane Arena, Kendall Yards, and the new Sportsplex, slated for completion in 2020. All are just adjacent to Spokane’s Riverfront Park, which itself is in the midst of a major redevelopment.
“Wonder Spokane is a mixed-use property that combines first-class office space and exciting retail space on the same square block as the new Wonder parking garage which, when completed, will contain nearly 400 parking spaces,” Sharapata said. “Rover is now the 3rd tenant at Wonder Spokane, representing a nearly 70% occupancy since the warm shell delivery in July of this year,” he added. “In addition to the Building’s central location and numerous amenities, the views of the Spokane River and the City are simply unparalleled in downtown Spokane,” Sharapata added.
Sharapata stressed that the property just underwent a major adaptive reuse that modernized the entire building: “The Mounsey’s historic transformation of the Wonder Building has been well received by tenants looking to invest in facilities that help attract and retain top talent. This project does just that.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with operations in over 80 countries and a global workforce of 88,000 as of September 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com
NAIBlack is a full-service brokerage commercial real estate and property management firm serving a diverse client list from its headquarters in Spokane, Washington. NAIBlack is a member of NAI Global, an international commercial real estate network with over 350 offices spanning the globe. For more information on NAIBlack, visit www.naiblack.com.