{"id":1004132363,"date":"2015-11-25T06:32:10","date_gmt":"2015-11-25T14:32:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004132363"},"modified":"2022-03-03T17:48:02","modified_gmt":"2022-03-04T01:48:02","slug":"hff-arranges-acquisition-at-seatac-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-arranges-acquisition-at-seatac-office-campus\/","title":{"rendered":"HFF Arranges Acquisition in SeaTac Office Campus"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

As the year comes to an end, investors are flocking to the Pacific Northwest in search of office assets. A joint venture between Urban Renaissance Group<\/a> and Iron Point Partners<\/a> acquired the SeaTac Office Center in Seattle, Wash. from seller ScanlanKemperBard Companies<\/a>. The venture worked with HFF<\/a> in order to receive $38.9 million in acquisition financing for the property.<\/p>\n

\"SeaTac<\/a>

SeaTac Office Center<\/p><\/div>\n

Senior Managing Director Bruce Ganong and Associate Director Erica Christensen led the HFF team that placed the floating-rate bridge loan with Bank of America. The $47.1 million sale of the property was also handled by HFF on behalf of the seller.<\/p>\n

The SeaTac Office Center consists of three buildings located at 17900, 17930 and 18000 Pacific Highway South, in the proximity of SeaTac International Airport. Set around 15 miles south of Seattle, the property offers 538,979 square feet of office space. The property offers Link Light Rail, Metro Bus Rapid Transit and major transit lines such as the I-5 and Highway 99.<\/p>\n

Currently 63 percent leased to national credit tenants and governmental agencies, the high-rise campus offers an amenity package that includes a gym, a full-service deli and restaurant, as well as views of Mount Rainier and the Olympic Mountains.<\/p>\n","protected":false},"excerpt":{"rendered":"

ScanlanKemperBard Cos. sold an office property to a joint venture for $47 million.<\/p>\n","protected":false},"author":41,"featured_media":1004132379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,21747,1610],"tags":[],"class_list":["post-1004132363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-office","category-seattle"],"acf":[],"yoast_head":"\nHFF Arranges Acquisition in SeaTac Office Campus - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-acquisition-at-seatac-office-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Arranges Acquisition in SeaTac Office Campus\" \/>\n<meta property=\"og:description\" content=\"ScanlanKemperBard Cos. sold an office property to a joint venture for $47 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-acquisition-at-seatac-office-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-25T14:32:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T01:48:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/SeaTac-Office-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2500\" \/>\n\t<meta property=\"og:image:height\" content=\"1450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-acquisition-at-seatac-office-campus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-acquisition-at-seatac-office-campus\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"HFF Arranges Acquisition in SeaTac Office Campus\",\"datePublished\":\"2015-11-25T14:32:10+00:00\",\"dateModified\":\"2022-03-04T01:48:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-acquisition-at-seatac-office-campus\\\/\"},\"wordCount\":212,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-acquisition-at-seatac-office-campus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/11\\\/SeaTac-Office-Center.jpg\",\"articleSection\":[\"Deals\",\"Finance\",\"Investment\",\"Office\",\"Seattle\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-acquisition-at-seatac-office-campus\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-acquisition-at-seatac-office-campus\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-arranges-acquisition-at-seatac-office-campus\\\/\",\"name\":\"HFF Arranges Acquisition in SeaTac Office Campus - 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