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NGKF, CBRE Complete $37M Microsoft Deal

An affiliate of Los Angeles-based Hayman Properties acquired Redmond Woods, a 145,221-square-foot, Microsoft-anchored office complex in Redmond, WA from New York-based Clarion Partners for $37 million.

Redmond Woods is located at 5000, 5010, 5020 148th Avenue NE. The property includes three-buildings and is fully occupied by seven tenants, including Microsoft Corp., Nokia and Mindtree. The property is also adjacent to Microsoft’s world headquarters, which encompasses more than eight million square feet in some 120 buildings.

NGKF’s Capital Markets team of Kevin Shannon and Michael Moll, along with CBRE’s local market experts Lou Senini and Tom Pehl represented the seller in the transaction.

For comments, questions or concerns, please contact Dennis Kaiser

Read More News Stories About: CBRE, Microsoft

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Connect with NGKF’s ShannonConnect with CBRE’s SeniniConnect with Hayman Properties

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