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Transwestern Picks Up Another Redmond, WA Asset

Transwestern Investment Management, in partnership with Diversified International Partners, acquired Redmond Hilltop, a 178,769-square-foot office property in Redmond, WA, from Equity Office for a reported $39.3 million. The three-building property is fully leased, and anchored by Genie, a Terex company, which occupies 61% of the property.

Located at 6464 185th Ave. NE, the asset is adjacent to the Redmond Technology Center, which was acquired by the same entity in 2016.

Transwestern Investment Group’s John Higgins says, “Redmond Hilltop presented a compelling investment opportunity due to its stable cash flow and upside potential through expansion opportunities with the adjacent Redmond Technology Center.”

HFF’s Michael Leggett, David Otis and Kevin Freels brokered the transaction on behalf of the seller.

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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