Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in The Landmark, anchored by Seattle’s fastest growing tenant (Jeff Bezos-backed Blue Origin). The Landmark is strategically located just 10 minutes from Blue Origin’s Headquarters, and directly across the street from one of Blue Origin’s key R&D facilities. With over 3,300 employees in Renton and Kent, and 1,090 active job postings in the region, Blue Origin has leased over 875,000 square-feet in Renton and Kent in the last 18 months.
Uniquely, the Landmark offers Blue Origin a clear path to full campus occupancy within the next 5.5 years, along with build-to-suit expansion optionality; the Landmark’s 10 acres of excess land has expansive development potential with no FAR limitations and is instead only bound by a 182’ foot height limit.
The campus is a one-of-a-kind offering with brand-new best-in-class amenity programming (delivered after an extensive 2021 renovation) that brings Seattle’s fastest growing users like Blue Origin back to the office. From weekly food trucks, to exercise classes, a 4.7 per 1,000 parking ratio, and a variety of first floor huddle spaces —the Landmark checks the Office 2.0 box.
- 100% Leased
- 7.5 Years WALT
- Anchored by Blue Origin
- Development Upside