Hudson Pacific Properties has acquired Washington 1000 in Seattle, a fully entitled development site, for $85.5 million. Hudson plans to build a 546,000-square-foot class-A tower with a total investment, including the land acquisition cost, of $340 million to $360 million.

Located at 1000 Olive Way within the Denny Triangle submarket, which is home to Amazon and directly adjacent to the $1.9 billion Washington State Convention Center Addition, the state-of-the-art property will be built to LEED Gold and Fitwel certifications, with 100% carbon neutral operations, enhanced HVAC filtration units and antimicrobial finishes at key touchpoints. The property will also feature 22,000 square feet of outdoor amenity space, which includes an indoor-outdoor rooftop lounge and two 5,000-square-foot terraces off the second-floor main lobby. LMN and Callison RKTL are serving as the architects on the project.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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