Case Studies

5615 S Sossaman

Project Overview

  • Default left 48,000 SF vacancy
  • Combination of class A office and hangar space
  • One of the most actively developing airports in the USA

Challenge

  • Large vacancies with nearly 25% office (no pure use)
  • Tough capital markets environment
  • Aviation use attracts non-qualified parties

Solution

  • Teamed up with CBRE Seattle for Aviation expertise and super team for tours/calls
  • Multi-pronged marketing approach for lease and for sale, eblasts nationally, calls to users and door knocking

Results

  • Incredibly competitive environment created.
  • Multiple full prices and above ask offers for lease and sale
  • Long term tenant secured to increase NOI for future disposition.

Client

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