Holliday Fenoglio Fowler, L.P. (HFF) is marketing for sale Redmond Hilltop, a three-building, Class A office campus totaling 178,769 square feet in the Seattle suburb of Redmond, Washington. The property's diverse, multi-tenant rent roll is anchored by the corporate headquarters of Genie, a subsidiary of Terex Corporation (S&P:BB). The property is a mission critical facility for Genie as it is adjacent to their manufacturing and R&D facilities. The offering provides an investor the opportunity to establish a presence of scale in the Redmond office market by acquiring the campus.
Strategically located in one of Seattle’s best performing suburban Eastside submarkets, the Redmond Hilltop real estate investment opportunity provides an investor with a unique combination of stable in-place cash flows, credit tenancy, mark-to-market upside potential and the opportunity to acquire the asset at a significant discount to replacement cost.
For more information on the Redmond Hilltop or other office properties for sale in the Seattle area, please contact Nicholas Kucha, Michael Leggett or Dave Otis in HFF’s Portland office. To view HFF’s current real estate investment listings, please click here to be directed to HFF’s property search page.