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Seattle & Northwest  + Office  | 

Amazon at Apollo Creative Office Building in Seattle Sells for $270M

Amazon at Apollo, a 12-story, state-of-the-art creative office building totaling 317,804 square feet in Seattle’s South Lake Union submarket, has traded hands for more than $270 million. Located at 325 Ninth Avenue North, the asset was built in 2015 as a build-to-suit for Amazon, which leases the project on a long-term basis.

The buyer was a joint venture between Tristar Capital LLC and RFR Holding, while the seller was Mirae Asset Global Investments.

The LEED Gold certified property is situated on .98 acres and features open creative build-outs, on-site public bike racks, shower/locker facilities, four levels of subterranean parking, ground floor retail, and a landscaped private outdoor terrace with views of Lake Union and the city.

NKF’s Kevin Shannon, Nick Kucha, Ken White, Rob Hannan, Michael Moll, and Alex Foshay, in cooperation with NKF local market expert Jesse Ottele, represented the seller. The buyer was self-represented.

For comments, questions or concerns, please contact Dennis Kaiser

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Connect With Tristar Capital LLCConnect With Mirae Asset Global InvestmentsConnect With NKF’s Shannon

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., 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, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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