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Seattle & Northwest  + Seattle  + Healthcare  | 
DaVita Sells Its New HQ Building in Federal Way WA

DaVita Sells its New Federal Way Headquarters for $93.5M

Kidney dialysis provider DaVita has sold its new medical building in Federal Way, WA for $93.5 million, just one year after moving in. The buyer was DVA Federal Way WA Landlord LLC, and DaVita plans on leasing back the building from its new owner.

The three-story, 160,000-square-foot building was developed on an 11-acre parcel of the former Weyerhaeuser campus, and opened in April of 2021. It features a conference center, clinic, cafe and 450 parking stalls.

Meanwhile, Horizon Partners Northwest is now selling DaVita’s former Puget Sound headquarters, the 10-story, 110,000-square-foot building on Pacific Avenue in Tacoma, WA. The property is over 100-years-old, and like other vintage buildings in Tacoma, the seller says they’ve had interest to convert the offices to apartments.

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About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Sale/Acquisition