The Parklands North Creek complex, comprising 24 office buildings in total, was built over 10 years between 1999 and 2009 by Schnitzer West, a well-established developer in the Pacific Northwest.
Parklands North Creek is a 20-minute drive from downtown Seattle with direct access to I-405 and is just minutes from both I-5 and SR-522. The campus is conveniently located near a variety of restaurants, fitness and healthcare facilities, first-class corporate accommodations, shopping, daycare facilities and the University of Washington’s satellite campus.
Tenants enjoy nearby walking trails, expansive green space, a weekly food truck and a newly built tenant HUB featuring a gym and lounge.
Schnitzer West continues to provide onsite property management for the 11 Grosvenor owned properties within the complex.
Property type: Office
Location: Bothell, WA
Acquired: 2013
Size: 715,435 rentable sq.ft. | 35 Units
Purchase price: $167.5 m