Prime Single Tenant
Prime ST - 300 Pine
PURCHASE PRICE
$591M
SIZE
770,205 SF
LOCATION
Seattle, WA
ACQUISITION DATE
Q2 '21

Investment Highlights

  • Iconic, 775k SF mixed-use asset located in the heart of the Seattle, WA central business district and retail core
  • Office space is 100% leased through 2033 to a major global e-commerce tenant as the headquarters for one of its signature hardware products
  • Asset received a $200m renovation to reposition the property as a premier office asset prior to KREST's acquisition
  • Property sits in the core of downtown Seattle and atop the Westlake Train Station, providing direct access to Seattle’s primary light rail and bus corridor and benefits from immediate proximity to high quality retail, dining, hotels, entertainment and urban living

(1) As of October 31, 2022.