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November 5, 2013

Update: Highlands Corporate Center, three office/life sciences buildings in metro Seattle sold for USD $39 million. 

This offering represents the rare opportunity to acquire three single tenant net-leased buildings in the high-growth Seattle market.

Investment highlights include:

  • Highlands Corporate Center is a 173,254 square foot, three-building office/life sciences portfolio located in Bothell, WA, one of the nation’s most prominent life sciences markets.
  • The project is 100% leased to FujiFilm Sonosite, Inc. and Seattle Genetics, with 70% of the rentable area on long-term leases. The tenants are recognized industry leaders and have histories of steadily increasing revenues and strong profit margins.
  • The project is ideally situated on an 447,361 square feet, providing an attractive campus environment and a strong parking ratio.

For more information, please contact:

Lori Hill
Managing Director
lori.hill@am.jll.com
1 (206) 971 7006

Stuart Williams
Managing Director
stuart.williams@am.jll.com
1 (206) 971 7008

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