{"id":1004196516,"date":"2017-11-07T08:28:04","date_gmt":"2017-11-07T16:28:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004196516"},"modified":"2022-12-08T04:31:52","modified_gmt":"2022-12-08T12:31:52","slug":"boeing-sells-254-ksf-seattle-area-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/boeing-sells-254-ksf-seattle-area-office-campus\/","title":{"rendered":"Boeing Sells 254 KSF Seattle-Area Office Campus"},"content":{"rendered":"<p>By Razvan Cimpean<\/p>\n<div id=\"attachment_1004196517\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/I-90-Bellevue-Campus-in-Bellevue-Wash..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004196517\" data-attachment-id=\"1004196517\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/boeing-sells-254-ksf-seattle-area-office-campus\/i-90-bellevue-campus-in-bellevue-wash\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/I-90-Bellevue-Campus-in-Bellevue-Wash.-e1510060437517.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;11&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7RM2&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1487850709&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;24&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"I-90 Bellevue Campus in Bellevue, Wash.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;I-90 Bellevue Campus in Bellevue, Wash.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/I-90-Bellevue-Campus-in-Bellevue-Wash.-e1510060437517.jpg?w=1000\" class=\"wp-image-1004196517 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/I-90-Bellevue-Campus-in-Bellevue-Wash.-e1510060437517.jpg\" alt=\"I-90 Bellevue Campus in Bellevue, Wash.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/I-90-Bellevue-Campus-in-Bellevue-Wash.-e1510060437517.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/I-90-Bellevue-Campus-in-Bellevue-Wash.-e1510060437517.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/I-90-Bellevue-Campus-in-Bellevue-Wash.-e1510060437517.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004196517\" class=\"wp-caption-text\">I-90 Bellevue Campus in Bellevue, Wash.<\/p><\/div>\n<p>Boeing sold I-90 Bellevue Campus to a joint venture between Walton Street Capital and Talon Private Capital. The 253,857-square-foot office property in Bellevue, Wash., changed hands for $35.8 million.<\/p>\n<p>Located at 3076, 3156, 3255 and 3265 160th Ave. SE, the four-building asset was completed in phases in 1983, 1968 and 1991. The campus, which features more than 800 parking spaces, sits on roughly 20 acres near multiple bus stations, restaurants and hotels, including India Gate Restaurants, Embassy Suites by Hilton and Larkspur Landing.<\/p>\n<p>NKF\u2019s West Coast Capital Markets President Kevin Shannon, Executive Managing Directors Tim O\u2019Keefe and Ken White and Managing Director Michael Moll negotiated the transaction on behalf of the seller. The buyer represented itself.<\/p>\n<p><em>&#8220;There is the potential to add additional square footage to the site, which can create tremendous value and cash flow once the campus is stabilized,&#8221;<\/em> O&#8217;Keefe said in a prepared statement.<\/p>\n<p>Earlier this month, Shannon and White also negotiated the sale of a two-property <a href=\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-sale-of-san-diego-industrial-portfolio\/\">San Diego industrial portfolio<\/a> totaling more than 130,000 square feet.<\/p>\n<p><em>Image courtesy of Newmark Knight Frank<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walton Street Capital teamed up with Talon Private Capital to acquire I-90 Bellevue Campus. NKF negotiated the sale on behalf of the seller, while the buyer represented itself.<\/p>\n","protected":false},"author":753,"featured_media":1004508646,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21747,1610,15],"tags":[38163,33532,36007,33790,37672,37674],"class_list":["post-1004196516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-office","category-seattle","category-west","tag-ken-white","tag-kevin-shannon","tag-newmark-knight-frank","tag-talon-private-capital","tag-the-boeing-company","tag-walton-street-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boeing Sells 254 KSF Seattle-Area 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\/boeing-sells-254-ksf-seattle-area-office-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boeing Sells 254 KSF Seattle-Area Office Campus\" \/>\n<meta property=\"og:description\" content=\"Walton Street Capital teamed up with Talon Private Capital to acquire I-90 Bellevue Campus. NKF negotiated the sale on behalf of the seller, while the buyer represented itself.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/boeing-sells-254-ksf-seattle-area-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=\"2017-11-07T16:28:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T12:31:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/I-90-Bellevue-Campus-in-Bellevue-Wash..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"773\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Razvan Cimpean\" \/>\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\/boeing-sells-254-ksf-seattle-area-office-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/boeing-sells-254-ksf-seattle-area-office-campus\/\",\"name\":\"Boeing Sells 254 KSF Seattle-Area Office Campus - 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