Nicola Crosby, a subsidiary of Nicola Wealth Management, is pleased to announce the acquisition of Georgetown Center, a two (2) building Urban Business Center situated in the emerging Georgetown submarket in South Seattle. Georgetown Center is comprised of 130,371 sf and is leased to a variety of tenants including Chasing Fireflies, Virginia Mason, Woodcraft, Neil Kelly, Starbucks and Wells Fargo. Located just minutes south of downtown Seattle and SODO, the property offers easy access to the I-5 and is only 10 minutes from SeaTac Airport. This acquisition provides secure, in-place cash flow with a significant rental growth opportunity as the Georgetown submarket continues to improve and attract more businesses looking for creative retail, showroom and office space.
Special Thanks To:
Broker – Andrew Miller, Evan Lugar, Patricia Loveall (Kidder Mathews Seattle)
Financing – Brian Bonipart, Michael Taylor and Skip Slavin (Newmark Realty Capital Seattle)