{"id":1004137031,"date":"2016-02-12T07:00:51","date_gmt":"2016-02-12T15:00:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004137031"},"modified":"2022-03-04T04:35:37","modified_gmt":"2022-03-04T12:35:37","slug":"irg-snaps-up-weyerhaeusers-federal-way-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/irg-snaps-up-weyerhaeusers-federal-way-campus\/","title":{"rendered":"IRG Snaps Up Weyerhaeuser\u2019s Federal Way Campus"},"content":{"rendered":"

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

Seattle<\/strong>\u2013A large commercial asset in Federal Way was recently acquired by Industrial Realty Group<\/a>. The campus offers a mix of industrial, office and lab space that is currently occupied by Weyerhaeuser<\/a>. IRG is taking charge of the property as the main tenant prepares to relocate from Federal Way to Seattle. Heartland advised Weyerhaeuser during the sale process.<\/p>\n

Following the sale, the five-story Corporate Headquarters building will be leased back to Weyerhaeuser until its transition to Seattle is complete.<\/p>\n

\"Weyerhaeuser<\/a>

Weyerhaeuser Campus<\/p><\/div>\n

With the city of Seattle roughly 23 miles away, the 810,717-square-foot campus will be a focal point for Federal Way\u2019s economic development. \u201cThe sale, redevelopment, and reuse of this iconic property by IRG is important for the future of Federal Way,\u201d Mayor Jim Ferrell said. Because of that commitment, local authorities will help with the addition of jobs, businesses, and sustainable development to Federal Way.<\/p>\n

The 425-acre property\u2019s new owner will aggressively pursue new leasing opportunities in order to fill the void left by the departure of Weyerhaeuser. Although the campus is meant for single occupancy, the leasing process \u201cwill determine its future positioning\u201d, IRG President Stuart Lichter noted in a press statement. The Skidmore, Owens and Merrill-designed building features continuous non-sash window-wall systems, rectangular floor plates, as well as amenities including a large cafeteria, assembly space for up to 600 people, executive space, gardens, and water features.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Industrial Realty Group has finalized the purchase of the Weyerhaeuser Campus near Seattle.<\/p>\n","protected":false},"author":41,"featured_media":1004137032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21748,21783,21742,21747,1610,15],"tags":[],"class_list":["post-1004137031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-industrial","category-investment","category-latest","category-office","category-seattle","category-west"],"acf":[],"yoast_head":"\nIRG Snaps Up Weyerhaeuser\u2019s Federal Way 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\/irg-snaps-up-weyerhaeusers-federal-way-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRG Snaps Up Weyerhaeuser\u2019s Federal Way Campus\" \/>\n<meta property=\"og:description\" content=\"Industrial Realty Group has finalized the purchase of the Weyerhaeuser Campus near Seattle.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/irg-snaps-up-weyerhaeusers-federal-way-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=\"2016-02-12T15:00:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T12:35:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Weyerhaeuser-Campus.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"592\" \/>\n\t<meta property=\"og:image:height\" content=\"381\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/irg-snaps-up-weyerhaeusers-federal-way-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/irg-snaps-up-weyerhaeusers-federal-way-campus\/\",\"name\":\"IRG Snaps Up Weyerhaeuser\u2019s Federal Way Campus - 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