As part of the parent company's national expansion, BB Networkinherited three additional Puget Sound office spaces this yearthrough acquisitions. Parish Cabling (at 11709 Cyrus Way inMukilteo), Duracom, Inc. (at 14040 NE 181St St. in Woodinville),and Clear Communications (at 200 Andover Park E # 1 in Tukwila)were absorbed into BB Network.

The company's 11,000-sf Tukwila office will remain open as aservice center for clients in the south end. However, the companyplans to vacate the combined 8,000-sf of space in the Woodinvilleand Mukilteo offices by January 1st. Approximately 100 of thecompany's 180 employees will be relocated into its regionalheadquarters in the Tech Center, where it leases a 32,000-sfbuilding.

The Tech Center, comprised of five warehouse/office buildings,has multiple owners. BB Network's building is owned by CedarProperties LLC of Seattle. Katherine Laird of Century Pacific LP,Seattle, represented Cedar in the BB Network lease. Though Lairddeclined to comment on the value of the lease, she tells GlobeStthe term is 10 years.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.