Sep
19
69 KSF Office Asset Trades in Seattle
ByQuadrant Co. built Quadrant I-5 Corporate Park in 1999. JLL worked on behalf of the seller to arrange the $12.5 million transaction.
Commercial real estate investment company SmartCap Group has acquired Quadrant I-5 Corporate Park, Building B, a 68,575-square-foot office property in Everett, Wash. TMG Lynnwood LLC sold the asset for $12.5 million.
CLASS A OFFICE SPACE
Located at 808 SW 134th St., the Class A, two-story building sits on approximately 4.1 acres. Built in 1999 by the Quadrant Co., a division of Weyerhaeuser, Quadrant I-5 Corporate Park has tenants such as Redfin and the international Thales Group. The property features a conference room, a lobby and a recently upgraded common area, free parking spaces and 24-hour fresh food options. The building is approximately 89 percent occupied…
