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Our management portfolio has been built through
the acquisition of investment properties throughout the Puget Sound. The properties are
a mix of class A and B office, medical and retail facilities.
Because of our
alignment of interests with our clients, and our program to facilitate the entire
asset management process we manage the growth of our company and therefore the quality
of our services offered by accepting only our newly acquired investments and select
projects.
To date, we have accepted and been involved with over 500,000 square
feet of property management projects. |
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1st
Avenue (Taylor Edwards) |
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Address: Purchase Date:
Sales Price:
Building Size:
Description
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1518
1st Avenue South, Seattle, WA 98134
February 2008
$10,000,000
55,000 sq ft
A six story, brick building originally constructed
in 1908, located in the heart of the Seattle SODO District.
A $5 million renovation to entire structure to today’s code including seismic retrofit while marketing the vacancies attempting to re-Lease the 55,000 square feet to new tenants
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6th Street |
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780-790
6th Street, Kirkland, WA 98033
July 2007
$1,525,000
6,030 sq ft
A two story multi use (two apartments and one commercial)
structure over parking located within the Houghton neighborhood of Kirkland.
Renovate both interior and exterior of the structure, while turning the individual
units into condos for disposition, 12-18 month time frame. |
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903 Building |
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903 5th Avenue, Kirkland, WA 98033
March 2006
$2,470,000
10,003 sq ft
A two story wood frame building
located in the middle of Kirkland
Manage property for clients business use as owner occupant |
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Airfield Business Park |
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9026–9134
East Marginal Way S
Tukwila, WA 98108
June 1997
$3,206,000
50,278 sq ft
Single story multi structure warehouse and office
park adjacent Boeing Airfield.
Manage the park in an “as is” condition, waiting for future
development |
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The Boulevard |
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Address: Purchase Date:
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345-395
Kirkland Avenue, Kirkland, WA 98033
September 2006
$3,117.084
9,084 sq ft
A multi use building, condos above and 3-6
separate commercial units adjacent Kirkland
Way.
Lease each unit for five plus years with escalating rents preparing
for sale as one center. |
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Columbia Center North |
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2600
N Columbia Center Blvd
Richland, WA 99352
September 2006 $5,870,000 114,000 sq ft
Multi-tenanted Retail Center located upon
11.74 acres along the Columbia River in Richland, Washington.
Maintain existing retail tenancy while developing the additional two plus acres. Approximately 24,000 sf of new
buildings may be added to the site creating a new platform and environment from which to improve upon the existing
tenancy and corresponding income. |
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Columbia Summit |
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731
N Columbia Center Blvd
Kennewick, WA 99336
May 2007
$8,075,000
88,577 sq ft
Multi tenanted retail center located upon
7.2 acres along the main retail corridor
Upgrade existing situation through management and building renovations. Look
to develop small (3,000sf) pad site at entry. |
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Kalberg Building |
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4515-4519 University Way, Seattle, WA 98105
October 2003 $1,450,000 18,000 sq ft
Turn of the century masonry retail
building on the 50 yard line of University "Ave" between 45th and 47th.
Upon acquisition, two of the
three first floor tenant spaces were released on five year deals. A mezzanine storage space was converted to
rentable space and the basement level began to generate revenue. Total building square footage will be
realized upon the renewal of the 2nd floor. |
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Kent Meridian Place |
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13215 SE 24th Street, Kent , WA
November 2004 $3,975,000 24,300 sq ft
A single story retail
structure located on the corner of SE 240th St and 132nd Ave, on 2.5 acres.
Maximize cash flow
for an older well located retail center by improving the overall condition of the structure and improving
upon tenancies. |
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Linbrook Building 10 |
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10501
NE 38th Pl, Kirkland, WA 98033
September 2006
$1,400,000
3,888 sq ft
A 20 building office park, sold as individual
condos to users.
Manage building for clients business use. |
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Mt Si Business Park |
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1546-1550 Boalch Ave NW North Bend, WA
June 2005 $4,750,000 60,060 sq ft
A multi building newly renovated Business
Park located in the expanding North Bend community.
The property was acquired for its cash flow and expanding
community. Professional management, tenant retention and improving upon rental rates as North Bend grows are the
number one responsibilities. |
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Riverton Medical Building |
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13030 Military Rd. S. Tukwila, WA
October 2005 $2,715,000 15,976 sf
A two story over parking, medical
building located adjacent Highline Hospitals north campus.
Transfer a user operated and managed
property to an industry standard program. Increased the property square footage to BOMA, a net effect
of 25% more building SF. Over time, increase rents to reflect accurate square footages thereby
increasing the overall building value. |
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Sweeney Conrad Building |
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2606 116th Ave NE, Bellevue, WA 98004
May 2000 $7,050,000 33,000 sq ft
A two story, concrete tilt construction
over parking located on SR-520
Acquisition of owner/user property, leasing the balance with the intent
of future expansion while maximizing income. |
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Tolt Self Storage/Tolt Towne Center |
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4303
Tolt Ave, Carnation, WA 98014
31722 W Eugene St, Carnation, WA 98014
June 1993
$2,080,000
5,596 sq ft (storage) 28,462 sq ft (retail)
The main retail center within Carnation anchored by
QFC including adjacent self storage center.
Manage the center for family trust with maximizing cash flow as best possible. |
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Totem Hill Plaza |
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12301 120th Ave. NE Kirkland, WA
January 2005
$6,500,000
25,135 RSF
A two building retail center
located adjacent I-405 in the expanding Totem Lake neighborhood.
The property was acquired for
its cash flow and its improving location. Professional management, tenant retention and improving upon
rental rates as Totem Lake expands are the number one responsibilities. |
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Valley Dental Building |
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10700 SE 174th St., Renton, WA 98055
October 2002 $1,700,000 14,625 sq ft
A two story medical structure
over parking located near Valley Medical Center.
Maintain tenant mix while maximizing income through
storage rental and increasing square footage through standardized BOMA area calculations. Purchased through
1031 exchange. |
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Warren Building |
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21727 76th Ave W, Edmonds WA 98026
May 2008 $5,000,000 18,014 sq ft
A two story medical building located on the Stevens Hospital medical campus in Edmonds.
The property was acquired for its cash flow and its improving location. Professional management and tenant retention are the number one responsibilities. |
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Westgate Building |
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15600 Redmond Way, Redmond, WA 98052
January 2001 $2,300,000 26,037 sq ft
A three story building including a
single-story separate suite entry office component.
Replace second floor executive suite with new
long-term office tenant. Renew existing tenants, increasing their rents by 35% while completing our
overall building renovation. |
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Washington Sports Medicine Building |
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11821 NE 128th St, Kirkland, WA 98034
November 2007
$4,200,000
13,882 sq ft
A two story medical structure
located near Evergreen Hospital
Manage building for clients business use as owner occupant. |
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