{"id":1004650725,"date":"2023-03-13T06:51:47","date_gmt":"2023-03-13T14:51:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004650725"},"modified":"2023-03-16T01:10:36","modified_gmt":"2023-03-16T09:10:36","slug":"alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/","title":{"rendered":"Alaska Airlines Signs Lease Renewal, Expansion in Seattle Suburb"},"content":{"rendered":"
\"Boeing<\/a>

Boeing Longacres. Image courtesy of CommercialEdge<\/p><\/div>\n

Unico Properties LLC<\/strong> has signed a 20-year lease renewal and expansion at the Longacres Campus in Renton, Wash., with\u00a0Alaska Airlines<\/strong>. JLL<\/strong>\u2019s Kris Richey Curtis brokered the agreement on behalf of the tenant.<\/p>\n

The airline company expanded its lease at the North Building of Longacres from 38,000 square feet to 107,000 square feet. The company will use the additional space for its flight simulation equipment and to support its simulation trainings.<\/p>\n

The Longacres campus comprises the North and South Buildings, two class A office properties<\/a> totaling 962,800 square feet. Longacres features 2,700 parking stalls, a Bright Horizon facility, a central utility plant, two ponds, a park-like campus, a running trail, an apple orchard and approximately 50 acres of developable land.<\/p>\n

Convenient location<\/h2>\n

Longacres is a transit-oriented property at 1901 Oakesdale Ave. The 158-acre site is close to Tukwila Transit Center, which provides direct access to downtown Seattle. There\u2019s an abundance of retail centers and dining options in the proximity of the facility. Seattle-Tacoma International Airport is only 3 miles away.<\/p>\n

According to CommercialEdge data, Unico Properties acquired the Boeing Commercial Airplane HQ facility at Longacres from The Boeing Company<\/strong> in 2021 for $80 million. The acquisition loan was originated by Benaroya<\/strong>, the same source shows. Before closing on the transaction, Unico negotiated and signed a lease with Seattle Sounder FC, a soccer team that intends to make the South Building at Longacres its new headquarters. Work is underway at The Sounders FC Center at Longacres project, which will feature four full-size training pitches and 50,000 square feet of office space when completed in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company will occupy more than 100,000 square feet at this property owned by Unico.<\/p>\n","protected":false},"author":3014,"featured_media":1004650726,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,21747,1610,15],"tags":[32796,33415],"class_list":["post-1004650725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-seattle","category-west","tag-jll","tag-unico-properties"],"acf":[],"yoast_head":"\nAlaska Airlines Signs Lease Renewal, Expansion in Seattle Suburb - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Unico Properties LLC has signed a 20-year lease renewal and expansion at the Longacres Campus in Renton, Wash.\" \/>\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\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alaska Airlines Signs Lease Renewal, Expansion in Seattle Suburb\" \/>\n<meta property=\"og:description\" content=\"Unico Properties LLC has signed a 20-year lease renewal and expansion at the Longacres Campus in Renton, Wash.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-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=\"2023-03-13T14:51:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-16T09:10:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Longacres-e1678440276946.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"622\" \/>\n\t<meta property=\"og:image:height\" content=\"467\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\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\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/\",\"name\":\"Alaska Airlines Signs Lease Renewal, Expansion in Seattle Suburb - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Longacres-e1678440276946.jpg\",\"datePublished\":\"2023-03-13T14:51:47+00:00\",\"dateModified\":\"2023-03-16T09:10:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a0c04b9de1387474e28c9ebdb0444e59\"},\"description\":\"Unico Properties LLC has signed a 20-year lease renewal and expansion at the Longacres Campus in Renton, Wash.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/alaska-airlines-signs-lease-renewal-expansion-at-suburban-seattle-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Longacres-e1678440276946.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Longacres-e1678440276946.jpg\",\"width\":622,\"height\":467,\"caption\":\"Boeing Longacres. 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