95,000 SF Value-Add Office
- Acquired July 2019.
- 4-story brick and timber cold storage building with subgrade basement. Property was purchased from cold storage owner off-market with short-term leaseback.
- Built in 1904 as a cold storage and meat smoking plant, the building has been last mile food storage for more than 100+ years. REDCO’s business plan is to decommission cold storage facility and reposition into Class A commercial property taking advantage of irreplaceable location next to Seahawks Stadium, Puget Sound water and downtown Seattle views.
- Located in highly desirable location immediately adjacent to Seattle Seahawks stadium, Pioneer Square, the popular Elysian Brewery and new waterfront park replacing the former I-99 viaduct connecting it to the Ferry Terminal.