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Category Archives: Redmond

HFF Announces Sale of Willow Creek Corporate Center

HFF Announces Sale of Willow Creek Corporate Center

HFF announces the sale of Willow Creek Corporate Center, a seven-building, Class A office park in the thriving tech submarket of Redmond, Washington.

HFFHFF Announces Sale of Willow Creek Corporate Center

The HFF team represented the seller, and procured the buyer, Preylock Real Estate Holdings.

Willow Creek Corporate Center comprises 421,785 square feet spread across seven fully leased buildings. The campus is located in the supply constrained North Redmond submarket of Seattle, just minutes from Microsoft’s world headquarters.

The HFF investment advisory team representing the seller included Michael Leggett, Dave Otis Logan Greer and Kevin Freels.

About Preylock Real Estate Holdings

Preylock Real Estate Holdings are owners, operators and developers of commercial and residential real estate primarily located on the West Coast. They utilize a relative value approach to real estate investing, identifying unique investment opportunities in highly targeted, supply constrained markets. Generally, they seek to acquire assets that trade at a discount to replacement cost and/or comparable assets in neighboring sub-markets. The company is currently focused on the acquisition of value-add and core plus office buildings in major West Coast sub-markets. Preylock’s sponsors have a combined 26 years of commercial real estate investment experience, including experience with institutional real estate investment partners. To date, Preylock has acquired assets totaling approximately two million square feet, investing approximately $700 million. About HFF

HFF and its affiliates operate out of 26 offices and are a provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.

Microsoft Announced Redmond Campus Modernization Team

Microsoft Announced Redmond Campus Modernization Team of the consortium of architects and general contractors it has selected to work together to design and build almost 3 million square feet of new workspace on 72 acres of its campus. This is part of a multiyear campus modernization project announced in 2017, which will create new office space,… Continue Reading

Economic Development Partners Travel to Washington, D.C. to Recruit Foreign-Owned Companies to the Greater Seattle Region

Four King County economic development partners—the Economic Development Council of Seattle & King County (EDC), and the cities of Bellevue, Kirkland and Redmond—have joined together to promote the Greater Seattle Region to foreign-owned companies interested in investing in the United States at the upcoming SelectUSA Investment Summit in Washington, DC. They will join the Washington… Continue Reading

Affordable Senior Day Program Opening in Kirkland-Redmond

Old Friends Club Fills Important Need for Seniors Requiring Cognitive Care & Family Support Old Friends Club is bringing affordable client-centered care to Eastside families dealing with dementia. They plan to open their doors later this month in the Rose Hill neighborhood bordering Kirkland and Redmond. The innovative non-profit that celebrates strengths and commonalities of… Continue Reading

Microsoft Announces April 21st as Quarterly Earnings Release Date

Microsoft Corp. will publish fiscal year 2016 third-quarter financial results after the close of the market on Thursday, April 21, 2016, on the Microsoft Investor Relations website athttps://www.microsoft.com/en-us/Investor/. A live webcast of the earnings conference call will be made available at 2:30 p.m. PDT. Redmond-based Microsoft is striving to be the leading platform and productivity… Continue Reading

Woodblock Restaurant in Redmond Adds to Early Success with Lunch

After a successful grand opening, Carolyn and Tony Scott have added lunch to Woodblock restaurant’s offerings. Lunch is now on daily at the Redmond restaurant from 11am to 3pm—happy hour kicks in right after that, running from 3pm to 6pm, with dinner starting at 4pm. The lunch menu is made up of shareable starters plus salads… Continue Reading

Microsoft and R3 Partnership to Accelerate Adoption of Distributed Ledger Technologies by Global Banks

Microsoft Corp. and the R3 Consortium today announced a strategic partnership that will accelerate the use of distributed ledger technologies, also known as blockchain, among R3 member banks and global financial markets. Distributed ledger technologies enable enterprises and business network participants to complete financial transactions with greater speed, security, cost-efficiency and transparency relative to solutions… Continue Reading

Woodblock Restaurant Grand Opening in Redmond

Carolyn and Tony Scott are delighted to announce the opening of their first restaurant, Woodblock. The official grand opening will take place at 4pm on March 18 with a ribbon cutting by Redmond Mayor John Marchione. Woodblock is located on Cleveland Street in the Old Town Lofts, a new building in downtown Redmond. The restaurant is right… Continue Reading

U.S. Bancorp Investments Honors Redmond’s M C Sears as a Top Financial Advisor

Redmond local M C Sears  is among a select number of financial advisors for U.S. Bancorp Investments, Inc. who have earned the 2015 Chairman’s Club recognition award. Sears earned the distinction by ranking as one of the region’s top achievers and for displaying outstanding leadership qualities and superior dedication to his clients. “M C represents… Continue Reading