SOLD SOLD SOLD 760 Aloha Primrose Schools North Meridian 19510 58th Ave W 760 Aloha St, Seattle, WA 4818 North Elsinore Avenue, Meridian, ID Lynnwood, WA Value: $7,750,000 Value: $6,500,000 Value: $2,600,000 Size: 41,191 SF Size: 13,684 SF Size: 32,670 SF Brokers: Stuart Williams, Alex Muir, Scotty Rowe, McCallum Mead Broker: Stren Lea Brokers: Scotty Rowe, Stuart Williams, Alex Muir, McCallum Mead LEASED LEASED LEASED 11808 Northup Way 14205…
760 Aloha Disposed to Tech Founders Following a Competitive South Lake Union Marketing Process
SEATTLE, WA (November 5, 2025) – Lee & Associates is pleased to have brokered the disposition of 760 Aloha. The property was sold to PacNorthwest Holdings LLC, on behalf of their client. Constructed in May 2023, 760 Aloha is a premier Class A office property located in the heart of Seattle’s thriving South Lake Union neighborhood. The 41,191 RSF, six-story boutique building features a rooftop terrace with stunning views of Lake Union, and benefits from…
72,000 SQFT Industrial Development Opportunity in Seattle Hits the Market
READ PRODUCTS INTERBAY, a two-building industrial property totaling 72,606 square feet of warehouse and office space, has been brought to market in Seattle’s Interbay district. The offering comprises 3615 15th Ave W and 3635 Thorndyke Ave W, which collectively span 3.06 acres. The property is being offered by Lee & Associates on behalf of the long-time owner. The broker has announced that Read Products Interbay presents an opportunity for owner-users, value-add investors, or developers to…
Case Study – 35 Stone
Office Land OVERVIEW 35 STONE | 3524 Stone Way 3524 Stone Way North, Seattle, WA Land / Office Development 34,163 SF / 0.78 AC Seller Representation Sale Price: $17,500,000 “While we have sold many assets, we have never had a team drive pricing as much as the Lee Team did on this process.” – Jim Rivard Managing Partner, SRM THE CHALLENGE Ownership was contemplating selling or completing a Joint Venture for their permitted Living Green…
Case Study – Over $10M Office 4th & Union
OVERVIEW 4th & Union | 1404 4th Avenue 1404 4th Ave, Seattle, WA 21,713 SF Value-Add Office 6,105 SF / 0.14 AC Seller Representation Sale Price: $10,600,000 THE OUTCOME Listed: November 22, 2019 Competing Offers: 4 Offers Under Contract: January 4, 2022 Closed: July 15, 2022 (place image here) THE CHALLENGE Fourth & Union is a 21,713-square-foot historically landmarked building that features three floors of office space atop ground-level retail. The building had not been…
Case Study – Ford Building
Retail OVERVIEW THE FORD BUILDING 1521-1523 10th Ave , Seattle, WA Retail Investment 33,391 SF Seller Representation Sale Price: $14,000,000 THE OUTCOME Listed: November 25, 2016 Competing Offers: 3 Offers Under Contract: February 17, 2017 Closed: April 28, 2017 THE CHALLENGE The Ford Building is a classic historic building with a large lower level/basement. The building had two major tenants, Elliott Bay Book Store, and Totokaelo clothing store, who both had space on the main…
Case Study – Ballard Ave Portfolio
Ballard Ave Portfolio | Mixed-Use Portfolio OVERVIEW 5323 – 5329 Ballard Avenue NW, Seattle, WA 5333 – 5335 Ballard Avenue NW, Seattle, WA 5304 – 5310 Ballard Avenue NW, Seattle, WA Mixed-use portfoilio in Ballard 60,784 total SF Seller Representation Sale Price: $21,050,000 The Outcome Listed: October 23, 2023 Competing Offers: 3 Offers Under Contract: June 17, 2024 Closed: November 13, 2024 The Challenge We represented the Seller of the Ballard Avenue Portfolio, which consisted…
Pacific Northwest Market Updates – June 2024
PACIFIC NORTHWEST INDUSTRIAL MARKET Industrial markets in the Pacific NW are adjusting to new parameters but remaining steady. Vacancy rates are hovering around 7% in the 6-county region along the I-5 corridor (Arlington to Vancouver, WA). Leasing activity slowed in the first quarter but started picking up as we progress through the second quarter. New construction is active with permitted projects, but the regional project pipeline is diminishing, not due to demand, but due to…
An Examination of the Pacific Northwest Real Estate Climate: First Half of 2023
The commercial real estate sector of Puget Sound has demonstrated noteworthy dynamics across its Industrial, Multifamily, and Capital Markets during the initial half of 2023. Industrial Sector: Confronting Inventory Scarcity Amid Investor Appetite The Industrial market is active with investors and users alike, but inventory is scarce for land and buildings. Interest rate hikes strongly impacted the volume of investment, leaving Sellers wondering how far price adjustments will go before the market stabilizes. Investments…
Fourth & Union | Men’s Wearhouse Building
Value-Add | Repositioning Investment Sale July 15, 2022 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to have represented the seller in the disposition of Fourth & Union, a/k/a Men’s Wearhouse Building, a 21,713 square foot historically landmarked building located in Seattle, WA, to Rosauer Real Estate, LLC. “I’m a big believer in downtown Seattle,” the Buyer, Matt Rosauer a local real estate investor, said. “I’m looking forward to owning this…