Seattle, Washington

Troy Block

Type
Development
Square Feet
381,464 SF (South Tower) and 418,999 SF (North Tower)
Asset
Office
Strategy
Core
Sustainability
LEED Gold, Energy Star

Troy Block, a newly constructed Class A+ office development, consists of two towers located on 2.5 acres in Seattle, Washington. The multi-phase development is fully leased to a Fortune 50 technology tenant.

USAA Real Estate partnered with Seattle-based developer, Touchstone Corporation, to deliver phase I South Tower and phase II North Tower in 2016 and 2017, respectively.

The two LEED Gold certified towers offer the highest quality improvements and the latest building technology with multiple tenant amenities.

Project highlights

  • Opportunity to invest in Seattle gateway market, at an attractive basis, into a project that is 100% leased for over 15 years to highly-rated credit tenant.
  • Desirable location in the South Lake Union submarket of Seattle, which is home to some of the fastest growing industries, including technology, media, software, global health and biomedical research.
  • Closely proximate to public transportation.

Status

Property sold in March 2019, representing the largest single asset trade by volume in Seattle history.

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Location Details

399 Fairview Ave North
Seattle WA 98109