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Woodinville West Industrial Flex Office Park Sells for $28M

Woodinville West, a 172,449-square-foot industrial flex office park in in Woodinville, sold for $28,000,000 to an unnamed private investor. The seller was Woodinville West, LLC.

Woodinville West is comprised of four high-quality, concrete and steel-framed buildings ranging in size from 21,345 square feet to 69,997 square feet. The assets are located at 16650, 16750, 16928, 16932 Woodinville Redmond Road NE. The park is near downtown Bellevue, Microsoft headquarters, regional Google offices, and major area freeways.

Kidder Mathews’ Zach Vall-Spinosa, who represented the buyer, says, “Woodinville West is an exceptional, close-in product that was 95% leased at the time of sale. With the buyer’s creativity and our resources, we were able to navigate this large sale during the lockdown and challenging pandemic times.”

For comments, questions or concerns, please contact Dennis Kaiser

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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
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