Boren Lofts Feature 136,000 Square Feet of Core-Free Life Science Space in Seattle’s Denny Triangle Neighborhood
Seattle – February 18, 2021 – The Seattle office of Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, in partnership with Washington Capital Management on behalf of their clients, announced the completion of Boren Lofts in Seattle. The life science research building, which spans 10 stories and 136,217 square feet, is located at 1930 Boren Avenue in Seattle’s Denny Triangle neighborhood.
“Boren Lofts is a unique project located in one of the best neighborhoods in Seattle. Denny Triangle represented the convergence of Seattle’s CBD and technology core, putting tenants in the heart of the local workforce and close to some of the city’s most popular residential neighborhoods,” commented Alan Cantlin, Senior Vice President of Trammell Crow Company. “The open-plan spaces at Boren Lofts are ideally suited for life science companies, providing the ultimate flexibility for planning their office and laboratory spaces.”
Boren Lofts is a core-free building that features 12’ windows and 15’ floor-to-floor heights throughout, providing each floor with ample natural light and plenum space for the most demanding life science buildouts. Additional features at the property include outdoor patios on all floors, an expansive rooftop terrace, 100% outside air 100% of the time, a state-of-the-art UV air filtration system, and a thermal temperature security check-in for tenants and guests. TCC is in dialogue with multiple life science companies to lease approximately 30% of the building.
Boren Lofts is situated within Seattle’s largest concentration of residential communities, retail and reimagined culinary destinations. The location benefits from both a transit and Walkscore© of 100 and, sitting at the intersection of Boren Avenue and Virginia Street, is just blocks away from Interstate-5, which is easily accessible by car.
The CBRE team of Scotta Ashcraft and Nick Carkonen are handling the leasing at the property. Boren Lofts was designed by LMN Architects, while Howard S. Wright, a Balfour Beatty company, acted as the project’s general contractor.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2020, TCC had $14.8 billion of projects in process and $5.9 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2019 revenue).