July 26, 2016
An affiliate of Los Angeles-based Hayman Properties acquired Redmond Woods, a 145,221-square-foot, Microsoft-anchored office complex in Redmond, WA from New York-based Clarion Partners for $37 million.
Redmond Woods is located at 5000, 5010, 5020 148th Avenue NE. The property includes three-buildings and is fully occupied by seven tenants, including Microsoft Corp., Nokia and Mindtree. The property is also adjacent to Microsoft’s world headquarters, which encompasses more than eight million square feet in some 120 buildings.
NGKF’s Capital Markets team of Kevin Shannon and Michael Moll, along with CBRE’s local market experts Lou Senini and Tom Pehl represented the seller in the transaction.
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