Kilroy Realty Closes Long-Term Office Lease in Seattle
- Dec 16, 2016
By Adina Marcut
Seattle—Kilroy Realty Corp. has announced the completion of a 12-year leasing agreement with Amazon.com at KRC’s existing 320,000-square-foot Westlake Terry office asset in the South Lake Union submarket.
“This transaction underscores our success in building strategic relationships with dynamic, world-class companies,” Rob Swartz, senior vice president, Pacific Northwest of Kilroy Realty, said in a statement. “We are proud to have Amazon join our roster of significant tenants and are very pleased with the continued strength of the South Lake Union submarket.”
According to Yardi Matrix, Westlake Terry consists of two buildings, the Terry Building, featuring 134,000 square feet of office space, and the Westlake Building, which offers 185,000 square feet of office space.
“We love working in the heart of Seattle and are looking forward to moving into another great office space,” John Schoettler, director of Global Real Estate & Facilities at Amazon, said in prepared remarks.
Image courtesy of Yardi Matrix