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157,000 SF Pacific Northwest's premiere design center is revamped and close to full tenancy with its newest additions
SEATTLE - Washingtoner -- Greenbridge Investment Partners (http://greenbridgemgmt.com/), a Los Angeles-based commercial real estate investment firm, has inked four new leases at the Seattle Design Center (https://seattledesigncenter.com/), the Pacific Northwest's premier marketplace for fine home furnishings. The completion of leases for Resource Furniture, Plasteel Frames, Perennials and Sutherland, and the Atrium Café, which is a milestone that many thought was impossible particularly given COVID, when the property was originally purchased in 2014.
In addition, Greenbridge Investment Partners also acquired an adjacent property, "SDC South" and many surrounding parking lots to meet demand.
"We have completely transformed the property by taking the bones of what was then and transforming it into an amazing vibrant complex," said Sean Hashem, principal at Greenbridge, the company that owns the Seattle Design Center. "Today, it has become an end destination for those seeking fine furniture and in fact, many of the tenants have clients flying in to visit. Given all the challenges we've overcome, it's definitely a heart-filled commitment from myself and my team and we're thrilled to see it succeed at this level."
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It is imperative to add that Greenbridge managed to not only rescue a city jewel -- which had its occupancy dwindle from its original 60 showrooms down to 21 -- but return it to its pedestal within the local community as one of the most beautiful pieces of real estate and office complexes in the area.
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About Greenbridge (http://greenbridgemgmt.com/about-us.php)
Founded in 2012, Los Angeles-based Greenbridge Investment Partners is a full service, commercial real estate firm that specializes in ownership, property management, leasing, construction and turnaround of value-add and core plus properties. The firm dedicated to providing transparent, proactive solutions that leave positive and profitable outcomes for all our stakeholders. For information, visit www.greenbridgemgmt.com. (http://greenbridgemgmt.com/index.php)
In addition, Greenbridge Investment Partners also acquired an adjacent property, "SDC South" and many surrounding parking lots to meet demand.
"We have completely transformed the property by taking the bones of what was then and transforming it into an amazing vibrant complex," said Sean Hashem, principal at Greenbridge, the company that owns the Seattle Design Center. "Today, it has become an end destination for those seeking fine furniture and in fact, many of the tenants have clients flying in to visit. Given all the challenges we've overcome, it's definitely a heart-filled commitment from myself and my team and we're thrilled to see it succeed at this level."
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It is imperative to add that Greenbridge managed to not only rescue a city jewel -- which had its occupancy dwindle from its original 60 showrooms down to 21 -- but return it to its pedestal within the local community as one of the most beautiful pieces of real estate and office complexes in the area.
###
About Greenbridge (http://greenbridgemgmt.com/about-us.php)
Founded in 2012, Los Angeles-based Greenbridge Investment Partners is a full service, commercial real estate firm that specializes in ownership, property management, leasing, construction and turnaround of value-add and core plus properties. The firm dedicated to providing transparent, proactive solutions that leave positive and profitable outcomes for all our stakeholders. For information, visit www.greenbridgemgmt.com. (http://greenbridgemgmt.com/index.php)
Source: Greenbridge Investment Partners
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