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PRESS RELEASE: Jones Lang LaSalle Selected to Lease Skanska’s South Lake Union Office Building

SEATTLE, WA Jones Lang LaSalle (JLL) has been selected to lease 400 Fairview, a 337,000 square foot state of the art, office building now under construction in South Lake Union.  Trevor Clark and Allison Fadden will lead the JLL team.

Skanska Commercial Development USA—one of the largest, most financially-sound construction and development networks in the country—broke ground on 400 Fairview in October 2013. Located at 400 Fairview Avenue North, the property is in the heart of the sought-after South Lake Union neighborhood, close to popular amenities and offers immediate access to well over one hundred sandwich shops, delis, coffee houses, restaurants and bars within a three-block radius. 

When completed in the third quarter of 2015, the 14-story building will feature 320,000 s.f. of Class A, creative environment office space and 17,000 s.f. of retail space on the ground floor.  The first four floors of the office portion have already been pre-leased as Seattle headquarters for global retailer Tommy Bahama, leaving 197,838 s.f. currently available.

The building will feature amenities including a roof deck with an outdoor beer garden, five floors of parking, bike lockers, showers, saunas and a ground floor European-style market hall featuring small-scale, street-side retail spaces.

Floor plates for the office floors average 26,000 s.f. and the expansive glass lines of the building offer 30 percent more daylight than traditional office windows as well as unparalleled water, mountain and city views.  The building was designed by SkB Architects and Kendall/Heaton Associates.

Skanska is targeting LEED Gold certification for the building which will also feature a European hydronic heating and cooling system, state of the art stormwater management and high efficiency lighting, among other sustainable features.

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About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.7 billion of real estate assets under management. For further information, visit www.jll.com.

 

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