Lake Washington Partners LLC, a Seattle-based commercial real estate investor and developer focused on office and industrial properties, has announced that it has moved its corporate headquarters from its 5,317-square-foot-space in Issaquah to a 13,844 -square-foot-space at 405 114th Ave. SE in Bellevue.
The company says its new location in the Cordova building, which Lake Washington Partners owns, reflects its investment and growth in Bellevue and brings it closer to its tenants.
In June 2021, Lake Washington Partners expanded its ownership presence on Seattle’s Eastside when it purchased Corporate Campus East, the three-building, 9-acre, 140,466-square-foot property, located at 3025 112th Ave. NE, 3055 112th Ave. NE and 3075 112th Ave. NE in Bellevue’s esteemed 520 Corridor. The company purchased Corporate Campus East for approximately $62 million dollars.
“We’re growing our portfolio in the thriving, strong, and enduring Bellevue market. We’re investing in Bellevue and in this community, and Bellevue is at the crossroads of where most of our transactions occur,” said Lake Washington Partners President Jordan Lott. “Plus, this premier location brings us closer to our tenants and allows us to draw employees from all directions, including downtown Seattle.”
Built in 1982, the 39,975-square-foot Cordova building was renovated in 2009. Within walking distance of the Wilburton Park & Ride and the future East Main Light Rail station, the building is adjacent to the Bellevue Club and three hotels and has convenient access to I-405 and I-90. Sturtevant Creek runs through the property, offering a park-like setting.
Lake Washington Partners moved into Eastpointe, its Issaquah property that it owns, in December 2011 and it moved into its new Bellevue space this month.
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Source: Bellevue Reporter
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