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Portland-Based CENTRL Office Moving Into WeWork’s Capital Hill Space
CENTRL Office has signed on to take over the former WeWork space at Capitol Hill’s Kelly-Springfield Building. The Portland-based creative workspace company will occupy 53,365 square feet across three floors.
Kidder Mathews Vice President James Yalowitz represented CENTRL Office in the transaction. WeWork vacated the offices in February following bankruptcy and what the company described as “restructuring efforts.” “Capitol Hill is an underserved office submarket, and CENTRL Office will quickly become a top choice for tenants looking to move to a new, more exciting home,” said Yalowitz.
Located at 1525 11th Avenue in Seattle, the Kelly-Springfield Building is a designated landmark. It was constructed in 1917 and served as REI’s first and only retail store for many years until the mid-90s. The five-story building gained notoriety in 2012 as a Value Village when Seattle-born rapper Macklemore filmed his “Thrift Shop” music video there. The first floor of the five-story building is now home to Five Iron Golf, co-owned by the rapper.
