The Watershed Building in the Fremont neighborhood has sold to GLL Real Estate Partners
Rob Gasca • October 12, 2021
The building itself is one of the most environmentally friendly buildings in the city.
The Watershed Building in the Fremont neighborhood has sold to GLL Real Estate partners out of the Bay area on 9/28/21. The building itself is one of the most environmentally friendly buildings in the city. The building was built partially form reused materials such as the band “Pearl Jam” old studio flooring. The building collects, reuses, and cleans water, then diverts to lake Union. The building also uses 25% less energy that is coded for the city.
Seattle and environmental awareness are and have been a duo for some time, making the Emerald City home to some of the most creative, innovative, green projects on the planet. The winner in this deal: GLL Real Estate Partners because securing this efficient and environmentally friendly office will be a PR booster that most businesses around the world are looking for. Downside: the cost, the price per square foot is double the Seattle market average of $489/SF. This will pave the path for more soaring prices in the eco-friendly building market.
Just sharing a personal "favorite" building and location of mine not to mention Pearl Jam is literally embedded in this building. Another personal favorite of mine. I had been watching this area and site from demolition to grey shell and then the gorgeous building you see today. The changes in Fremont are incredible. This is truly an architectural marvel and a model for building developers all over the world.
Read more at: https://www.costar.com/article/557450110/environmentally-focused-seattle-office-trades-hands-in-65-million-deal
Source: CoStar Group
Renters moving to Seattle from Los Angeles
Rob Gasca Real Estate Proudly Supports the 2025 Wish Night Gala & Auction
Rent Control Bill Passed Out of Senate Housing Committee
Rob Gasca Real Estate Proudly Supports the 2025 Celebrate the Children Fundraiser
Mastering Social Media for Commercial Real Estate: Strategies to Elevate Your Business In the competitive world of commercial real estate, leveraging social media is no longer optional—it's essential. Platforms like LinkedIn, Instagram, Facebook, and YouTube offer unprecedented opportunities to engage with clients, showcase properties, and establish a strong brand presence. This article delves into the best social media strategies for commercial real estate professionals, helping you navigate the digital landscape and drive business success.
Navigating the Stages: A Property Manager's Guide to the Lifecycle of a Property The journey of a property under management is akin to orchestrating a symphony, requiring a deep understanding of the stages involved. In this expanded exploration, we'll delve further into each phase, providing insights and practical advice for property managers navigating the dynamic lifecycle of the properties they oversee.
RGRG is excited to announce the sale of Evergreen Forum and our continue management of the property!
Understanding the Key Differences Between Commercial and Residential Real Estate Real estate is a dynamic and diverse industry, encompassing a wide range of properties. Among the most notable distinctions within this sector are commercial and residential real estate. While they share some similarities, understanding the fundamental differences between the two is crucial for both investors and aspiring property owners. In this article, we will delve into the unique characteristics of commercial real estate and explore how it differs from its residential counterpart.
Common Mistakes to Avoid When Negotiating a Lease When it comes to negotiating a lease, it's essential to approach the process with careful consideration and attention to detail. Many individuals and businesses fall into common traps that can have long-term implications. In this blog, we will explore some critical mistakes to avoid during lease negotiations. By being aware of these pitfalls, you can protect your interests and make informed decisions.
Buying Commercial Real Estate: Key Factors to Consider Commercial real estate investment can be a great way to diversify your portfolio and potentially generate passive income. However, buying a commercial property is not a decision that should be taken lightly. There are several key factors that you should consider before making a purchase.
