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Seattle & Northwest  + Office  | 

Roxborough Claims Four-Building Redmond Portfolio for $74M

The Roxborough Group, LLC acquired Quadrant Willows, a four-building, 248,041-square-foot, Class A office portfolio in Redmond, WA from Equus Capital Partners, Ltd. for a reported $73.6 million. The assets are located at 11121,11241,11261, and 11351 Willows Rd., near the epicenter of Seattle’s tech-dominated Redmond submarket.

Equus acquired the project on behalf of Equus Investment Partnership X, L.P., a fully discretionary fund managed by Equus, in two separate transactions in March and December of 2016. The portfolio was 100% leased at the time of sale, and the new owner expects to benefit from in-place rents that are significantly below market, as well as the desire of some tenants who have outgrown their current suites to give back space in a tight Redmond leasing environment with limited new construction.

NKF’s Kevin Shannon, Nick Kucha, Ken White, Michael Moll, James Childress, Joe Lynch and Dan Harden represented the seller. The buyer was self-represented.

“Selling a building of this size, quality, and tenancy is rare in a market like Willows Road, one of the nation’s top performing suburban micro markets,” said Kucha.

For comments, questions or concerns, please contact Dennis Kaiser

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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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