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Benaroya I-90 Center South

71,000 SQUARE FOOT NEW LEASE

 

Printable case study

Challenge

The privately held start up had explosive growth and needed assistance in implementing immediate short and long- term strategies in order to capitalize and exploit its first-to market leadership position. Maintaining and encouraging a “work hard, play hard” corporate mindset was paramount, and would need to be supported and enhanced through the introduction of a new facility.

Strategy

The focus was finding a Landlord and building that would not only accommodate the client’s expansion needs, but would also promote the client’s “active lifestyle” of combining hard work with rewarding play.

Result

A long-term 71,000 square feet lease at one of the most recognized and cutting-edge design buildings along the I-90 Corridor - Benaroya I-90 Center South. The local landlord-ownership was committed to “thinking outside the box” for the client, and helped structure the ability for the client to construct an outdoor regulation size competition volleyball area, complete with sand and structured seating. Since the building has a 400 foot long hallway, an arrangement was also made allowing the client to use multiple “Segways” (motorized scooters) to move from one area to another. In addition to the building characteristics, the client was able to achieve a very accommodating staggered takedown schedule, allowing the company’s future growth and revenue ramp to coincide with its increasing occupancy costs. The client was also able to achieve considerable control over its demanding parking requirements, not only surrounding the building, but also in neighboring surface lots.

 

 

 

 

 

“We couldn't have done this without Jason. We consider ourselves a fast moving, dynamic company. Everyone we talked to told us our move-in timeline was too aggressive. On top of this, the dynamics of our deal changed significantly during the process, from increasing our square footage from 45,000 sf to 80,000 sf, and changing the desired location from Kirkland to Bellevue. Jason was patient, flexible, and, most importantly, stood up for us during the negotiation process. He has become a friend, a reliable business partner and an integral cog in our continued growth. We made our timeline and are thrilled with the space.”

Ring Nishioka
Vice President of Human Resources

   

 

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