Land is leased and improved with an office and retail tower. Appraisal addresses site value under three scenarios: highest and best use as if vacant and unimproved; as improved and having additional development capacity; and as improved with no additional development capacity.
Seattle
Central Business District
- Two acre, one block site
- Improved with office building and ground level retail
For market rent arbitration
Seattle
Central Business District
- Two acre, one block site
- Improved with office building and ground level retail
For market rent arbitration
Rainier Tower Site
Downtown Block
Seattle
Central Business District
- Two acre, one block site
- Improved with office building and ground level retail
For market rent arbitration
Redmond
Overlake neighborhood, in the SR-520 corridor
- 122,103 sf GBA
For Microsoft Corporation
Redmond
Overlake neighborhood, in the SR-520 corridor
- 122,103 sf GBA
For Microsoft Corporation
Proctor Building
Class A Office Building
Services including analysis of lease language, as well as value consulting. Scope of value consulting included analysis of lease rates at comparable office properties, a survey of market participants, and review of subject offers. Conclusions used in market rent arbitration, to determine lease renewal rate.
Redmond
Overlake neighborhood, in the SR-520 corridor
- 122,103 sf GBA
For Microsoft Corporation
Redmond
Willows Commerce Park
-
Two story industrial building
-
98,000 sf
For arbitration of lease renewal rate
Redmond
Willows Commerce Park
-
Two story industrial building
-
98,000 sf
For arbitration of lease renewal rate
Astronic Electronics Systems
Light Industrial Building
Consultation with owner regarding pre-arbitration settlement range, and evaluation of tenant position. Appraisal of market rent of office, warehouse and light assembly space, taking into account lease renewal language.
Redmond
Willows Commerce Park
-
Two story industrial building
-
98,000 sf