{"id":1004718628,"date":"2024-06-25T02:39:36","date_gmt":"2024-06-25T10:39:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004718628"},"modified":"2024-06-25T04:38:00","modified_gmt":"2024-06-25T12:38:00","slug":"tiktok-inks-150-ksf-at-seattle-high-rise","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tiktok-inks-150-ksf-at-seattle-high-rise\/","title":{"rendered":"TikTok Adds 150 KSF to Seattle Footprint"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004718630\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lincoln-square-north-tower-image-courtesy-of-commercialedge-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/Lincoln-Square-North-Tower.-Image-courtesy-of-CommercialEdge-edited.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Lincoln Square North Tower. Image courtesy of CommercialEdge\" data-image-description=\"&lt;p&gt;Lincoln Square North Tower&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Owned by Kemper Development, Lincoln Square North Tower came online in 2005. Image courtesy of CommercialEdge&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/Lincoln-Square-North-Tower.-Image-courtesy-of-CommercialEdge-edited.jpg?w=640\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/Lincoln-Square-North-Tower.-Image-courtesy-of-CommercialEdge-edited.jpg\" alt=\"Lincoln Square North Tower\" class=\"wp-image-1004718630\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/Lincoln-Square-North-Tower.-Image-courtesy-of-CommercialEdge-edited.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/Lincoln-Square-North-Tower.-Image-courtesy-of-CommercialEdge-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><figcaption class=\"wp-element-caption\">Owned by Kemper Development, Lincoln Square North Tower came online in 2005. <em>Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Social media giant TikTok has expanded its office footprint in downtown Bellevue, Wash., by an additional 150,000 square feet, <em>The Registry<\/em> reported. <\/p>\n\n\n\n<p>The tenant, owned by Beijing-based ByteDance, will occupy seven floors at Lincoln Square North Tower, an office building where it had already committed to 132,000 square feet across six floors in January. <\/p>\n\n\n\n<p>Microsoft had previously occupied the space, alongside another 13 floors at the 27-story tower. The company relinquished the offices in December 2023, according to the <em>Downtown Bellevue Network<\/em>.<\/p>\n\n\n\n<p>ByteDance expanded its presence in another Bellevue building as well in the first quarter of this year. The company leased some extra 45,000 square feet at Key Center, where it already occupied some 110,000 square feet.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/office-sector-adapts-amid-market-shifts\/\">Office Sector Adapts Amid Market Shifts<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/seattles-office-sector-sees-surge-in-deliveries\/\">Seattle\u2019s office market<\/a> has shown signs of improvement, particularly in the case of completions\u2014as 2.5 million square feet came online in the first four months of the year. Current economic conditions have affected U.S. tech markets, leading rises in vacancy\u2014in Seattle, the rate was up 400 basis points year-over-year through April.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-high-rise-near-downtown-seattle\">High-rise near downtown Seattle<\/h2>\n\n\n\n<p>Lincoln Square North Tower came online in 2005. The 550,000-square-foot, Class A building became subject to a $220 million loan in 2015, originated by TIAA Insurance Bank, with a maturity date set for 2025, according to CommercialEdge data.<\/p>\n\n\n\n<p>The high-rise features three floors of retail, 22,000-square-foot floorplates, eight passenger elevators, along with 1,424 car parking spaces. Amenities include a workout facility, a swimming pool, bike lockers, shower facilities and six electric charging stations, among others.<\/p>\n\n\n\n<p>Located at 700 Bellevue Way NE, the property provides access to interstates 90 and 405, U.S. Route 520, as well as to the Bellevue Transit Center. Downtown Seattle is some 10 miles away.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The social media platform will occupy another seven floors at this office tower.<\/p>\n","protected":false},"author":2829,"featured_media":1004718630,"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":[39495,49498],"class_list":["post-1004718628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-seattle","category-west","tag-kemper-development-company","tag-tiktok"],"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>TikTok Adds 150 KSF to Seattle Footprint - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Social media platform TikTok signed a 150,000-square-foot lease at Lincoln Square North Tower, some 10 miles from downtown Seattle.\" \/>\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\/tiktok-inks-150-ksf-at-seattle-high-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TikTok Adds 150 KSF to Seattle Footprint\" \/>\n<meta property=\"og:description\" content=\"Social media platform TikTok signed a 150,000-square-foot lease at Lincoln Square North Tower, some 10 miles from downtown Seattle.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/tiktok-inks-150-ksf-at-seattle-high-rise\/\" \/>\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=\"2024-06-25T10:39:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-25T12:38:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/Lincoln-Square-North-Tower.-Image-courtesy-of-CommercialEdge-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\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\/tiktok-inks-150-ksf-at-seattle-high-rise\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/tiktok-inks-150-ksf-at-seattle-high-rise\/\",\"name\":\"TikTok Adds 150 KSF to Seattle Footprint - 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