Home Commercial Willows Run Golf Sold to Sasada Sports International for $11.3MM

Willows Run Golf Sold to Sasada Sports International for $11.3MM

SEATTLE (March 12, 2019) – Access Golf LLC, a Vulcan Inc. affiliate, announced today that the Willows Run Golf Course, located in Redmond, WA, was sold to Sasada Sports International in a transaction that closed late last week. The extensive, 300-acre golf facility features two 18-hole championship courses, a nine-hole executive course, and an 18-hole putting course as well as two clubhouses totaling over 13,500 square feet, and several practice facilities.

Originally acquired by Access Golf LLC in 1993, Willows Run was designed by Lisa Maki and Ted Locke. The facility is regionally recognized for its environmental stewardship and responsible land management practices, including wildlife habitat preservation efforts. Willows Run is also the largest single user of reclaimed water from King County’s Brightwater treatment plant.

Under new ownership, the golf complex will remain open to the public and staff has been retained through the transition.

“My family shares a passion for golf,” says Yuki Sasada of Sasada Sports International. “We’re looking forward to sharing the sport with generations to come at Willows Run.”

The seller, Access Golf LLC, was represented by Ken Arimitsu, SVP of Brokerage Services at Madison Marquette, and Tim Smith of Preview Properties. Buyer Sasada Sports International was represented by Jeff Woolson, Managing Director of CBRE’s Golf & Resort Group

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, life sciences, 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, financing and asset repositioning. Its real estate model is based on quality, sustainable development that builds new value across the entire community. 

Since 2000, Vulcan Real Estate has delivered $3.6 billion in assets in 38 projects comprising 9.1 million square feet and 2,472 residential units. Eighty percent of the development projects have occurred in South Lake Union, renowned as one of the largest urban redevelopment projects in the country. The company also has 680,000 square feet of commercial space and 917 residential units under construction. Its near-term development pipeline consists of an additional 4.2 million square feet and 1,700 residential units in the Seattle and Bellevue markets. 

About Sasada Sports International

Sasada Sports International is a Washington-based LLC, registered in 2017.