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Seattle & Northwest  + Washington  + Office  | 

27-Acre Redmond, WA Campus Sold for $136M

Willow Creek Corporate Center, a seven-building, Class A office park in the thriving tech submarket of Redmond, WA, has traded hands for a reported $136 million. Los Angeles-based Preylock Real Estate Holdings acquired the 421,785-square-foot asset from BRE WA Office Owner LLC, an entity affiliated with New York-based Blackstone Group’s EQ Office.

The 27-acre campus is fully leased and located in the supply-constrained North Redmond submarket of Seattle, just minutes from Microsoft’s world headquarters.

HFF’s Michael Leggett, Dave Otis Logan Greer and Kevin Freels represented the seller, and procured the buyer.

Blackstone had acquired the asset in July 2015 from Arden Realty for $208 million, as part of a portfolio of 20 Eastside properties.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition