SEATTLE—Blanchard Plaza, a 255,818 square foot, class A property at 2201 Sixth Avenue, has been listed for sale. The property is located adjacent to Amazon's 4.1 million square-foot campus expansion, and the 15-story office tower is owned by Shorenstein Properties and is 100% leased to Amazon.
Seattle's current overall vacancy rate of 11% is the lowest in six years, according to one industry report. Average class A rents downtown have almost hit $36, up 4.3% year-over-year.
Blanchard Plaza is located in the center of Seattle's thriving tech office market, at the intersection of South Lake Union, the Denny Triangle, and Seattle's Central Business District.
The property is currently undergoing a sizeable renovation, including a lobby-level cafe, a high-tech conference center, creative office tenant improvements and major upgrades to the building's mechanical systems. In addition, the building offers 360-degree views of Elliott Bay, the Olympic Mountains, Lake Union and Downtown Seattle Skyline.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
