US Bancorp The Equiem appwill be rolled out in the 42-story US Bancorp Tower, Portland'stallest office building and others.

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SEATTLE—Private equity real estate investment firm, UnicoProperties LLC, a subsidiary of Unico Investment Group LLC, hasappointed tenant tech provider Equiem to launch its app acrossthree West Coast properties with nearly 2 million square feet.Equiem will roll out at Unico's 1111 Third Ave., a recentlyrepositioned 30-story tower in Seattle's CBD; the Logan Building, a10-story office building in downtown and the 42-story US BancorpTower, Portland's largest office building at more than 1.2 millionsquare feet of class-A office space, GlobeSt.com learns in thisexclusive.

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The sites are Equiem's first on the West Coast and increase thefirm's US presence to 8.4 million square feet since expanding herein 2017. Unico has cited Equiem's experience in global tenantexperience technology and services as one of the primary reasonsfor the firm's appointment.

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"With office expectations changing rapidly across the countryand tenants now seeking better workplace hospitality, amenities andconvenience, we're in a hugely exciting position to help landlordsacross the USA seamlessly transition from owners to serviceproviders," Gabrielle McMillan, CEO of Equiem, tellsGlobeSt.com.

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Equiem's technology is used by more than 145,000 peopleoccupying 60 million square feet of commercial real estateworldwide. The latest iteration of the firm's app, Equiem NEXT, waslaunched in August and will be rolled out across all three Unicoassets to help the firm attract and retain occupiers; deliverseamless tenant communication; boost onsite retail, services andexperiences; and unlock additional asset value. Unico will alsohave access to Equiem's comprehensive dashboards which offer tenantanalytics that provide intelligence to help inform asset managementplans across the three buildings.

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"Throughout the competitive pitch process, Equiem stood out asthe tenant experience technology provider that would best help usdifferentiate the Unico brand," Darrin Williams, vice president,real estate services at Unico, tells GlobeSt.com. "Thesophistication and depth of their enterprise-grade app, coupledwith their proven experience in successfully scaling to newmarkets, gave us the confidence we needed in a partner as we designand deliver a range of new initiatives for our tenants. Unico'scustomer-obsessed service that puts people first, combined withEquiem's solutions, allow us to continue creating vibrant, engagingand connected communities across our assets, a vital point ofdifference in today's leasing market."

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Founded in 2011, Equiem's enterprise-grade end-to-end platformserves more than 8,900 companies registered across the US,Australia, the UK and Ireland. The firm recently announced thecompletion of its largest ever capital raise, securing more than$8.4 million from a number of different investors. Equiem says thecapital will be used to continue reinvesting in its technology andkeep raising the bar in the tenant experience technology space.

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Developers continue to position themselves in both Seattle andon the Eastside to ready for more tech expansion, according to areport by Kidder Mathews. In downtown Bellevue, there are at leastfive new office projects that could break ground by early 2020,with two new office projects having commenced during the secondquarter. Seattle has nine major office projects under constructionon the heels of delivering nearly 1.9 million square feet of newoffice inventory during the second quarter. Regionally, there are14 major office projects currently under construction totaling 4.7million square feet with 69% of this space being pre-committed.There are an additional eight or more planned spec projectsexpected to become available by early 2020, but aside from BinaryTowers (Amazon), no pre-leasing has been announced, says the Kidderreport.

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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.