Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Seattle & Northwest  + Seattle  + Healthcare  | 

Kaiser Permanente Purchases Yesler Land for New $500M Facility

Kaiser Foundation Health Plan of Washington acquired 1.6 acres in Seattle’s Yesler neighborhood from the Seattle Housing Authority, reportedly for $36.3 million. The healthcare company plans to build a more than $500-million, nine-story, 240,000-square-foot facility.

Kaiser Permanente Washington’s Janet O’Hollaren says, “This strategic development furthers our mission of integrated care and meaningful partnership in our communities. The Seattle Housing Authority has a thoughtful plan to invest in the Yesler neighborhood, and we’re pleased to contribute to the health of this evolving community.”

The acquisition is part of the $1-billion investment Kaiser Permanente announced in 2017 to deliver the best care, convenience, and experience for patients across the state through new and upgraded facilities and expanded virtual care channels. Kaiser Permanente continues to reimagine its physical space to integrate in-person and virtual care options. A development timeline and services expected at the new Yesler facility have not yet been determined.

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Connect With Kaiser Permanente Washington’s O’HollarenConnect With Seattle Housing Authority

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.

Step 1: Select Education
  • ◦Development
  • ◦Sale/Acquisition