Creeksides atCenterpoint is a three-building class-A office campus (credit: NAIPuget Sound Properties).
KENT, WA—With the continued interest in the Southend submarketby companies such as Blue Origin, Tommy Bahama and DII Design, theKent Valley office vacancy rate has fallen to 5.4% as demandcontinues to grow. With this demand in mind, Lake WashingtonPartners LLC expanded its ownership presence in the Puget Soundregion and entered the Southend office submarket.
The firm recently purchased Creeksides at Centerpoint fromMenashe Properties at an undisclosed price. The 218,426-square-footthree-building class-A office campus is located at 20415, 20425 and20435 72nd Ave. South.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
