Jesse Ottele of Colliers International, who together with Tim O'Keefe represented WAMU, says the bank now occupies in the vicinity of 1 million sf in the central business district here. The expansion activities of WAMU, says Ottele, stem from new bank acquisitions and new staff. The bank has already occupied its Wells Fargo offices, and tenant improvements at the Financial Center are on track for occupancy in April.
Ottele says the Financial Center is one of the strongest buildings in downtown Seattle as far as the tenant mix." Jim Rock, director of leasing for the Metropolitan Tract, who represented Unico in the Financial Center transaction, says those tenants include AT&T, AT&T, Marshall Inc. (formerly Marshall McLennan), Merrill Lynch, and Seattle-based investment manager Kennedy Associates. Rock tells GlobeSt the only spaces now available in the 356,000 sf building are 5,400 sf on the ground floor and 1,700 sf on the third. Rental rates in the 27-story tower run $35-$39/sf.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.