{"id":1004735301,"date":"2024-10-31T06:36:49","date_gmt":"2024-10-31T14:36:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004735301"},"modified":"2024-11-01T05:13:51","modified_gmt":"2024-11-01T13:13:51","slug":"tesla-to-open-new-seattle-area-office-location","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tesla-to-open-new-seattle-area-office-location\/","title":{"rendered":"Tesla to Open New Seattle-Area Office"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Overlake-520-e1730376934754.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" data-attachment-id=\"1004735304\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/tesla-to-open-new-seattle-area-office-location\/overlake-520\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Overlake-520-e1730376934754.jpg\" data-orig-size=\"1000,750\" 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=\"Overlake 520\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Overlake 520 is a two-building office campus totaling 145,578 square feet of space in Bellevue, Wash. Image courtesy of CommercialEdge.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Overlake-520-e1730376934754.jpg?w=1000\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Overlake-520-e1730376934754.jpg\" alt=\"Overlake 520 is a two-building office campus totaling 145,578 square feet of space in Bellevue, Wash.\" class=\"wp-image-1004735304\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Overlake-520-e1730376934754.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Overlake-520-e1730376934754.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Overlake-520-e1730376934754.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption class=\"wp-element-caption\">Overlake 520 is a two-building office campus totaling 145,578 square feet dating back to 1985. <em>Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Tesla plans to open a 32,338-square-foot office in Bellevue, Wash., according to the <em>Puget Sound Business Journal<\/em>. The company filed plans to renovate the space at Overlake 520, a two-building office campus totaling 145,578 square feet.<\/p>\n\n\n\n<p>Innovatus Capital Partners has owned the property since 2020, when it purchased the asset for $63 million, according to CommercialEdge information. <\/p>\n\n\n\n<p>Overlake 520 includes a pair of two-story office buildings, dubbed West and East, located at 14335 and 14475 NE 24th St. Completed in 1985 and last renovated in 2014, the property features passenger elevators, a fitness center, outdoor seating area with collaborative spaces, signage options and 582 covered parking spots.<\/p>\n\n\n\n<p>Tesla will take a first-floor space at the East Building, where filings show that two office suites will be remodeled, with plans to add a server room and EV charging stations.<\/p>\n\n\n\n<p>CBRE\u2019s team of First Vice President Lennon Atteberry, Executive Vice President Scott Davis and Senior Vice President Tim Owens are the leasing brokers in charge of Overlake 520.<\/p>\n\n\n\n<p>The approximately 9-acre office campus is close to multiple bus stations and the Overlake Light Rail Station, while being 5 miles from downtown Bellevue. The location is 15 miles from downtown Seattle and within 20 miles of Seattle-Tacoma International Airport.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-notable-deals-in-the-bellevue-submarket\">Notable deals in the Bellevue submarket<\/h2>\n\n\n\n<p>Significant office leases closed in the city include <a href=\"https:\/\/www.commercialsearch.com\/news\/skanska-lands-2nd-tenant-at-bellevue-office-tower\/\">Skanska&#8217;s 68,880-square-foot deal <\/a>at The Eight, a 729,000-square-foot development. The tenant is an advertising technology company and is expected to move to the tower next year.<\/p>\n\n\n\n<p>Another notable deal is <a href=\"https:\/\/www.commercialsearch.com\/news\/tiktok-inks-150-ksf-at-seattle-high-rise\/\">TikTok&#8217;s 150,000-square-foot expansion<\/a> at the 550,000-square-foot Lincoln Square North Tower. The social media giant&#8217;s total footprint at the property is now 282,000 square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Innovatus Capital Partners is the owner of the two-building campus.<\/p>\n","protected":false},"author":2991,"featured_media":1004735304,"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":[32789,34621,51936],"class_list":["post-1004735301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-seattle","category-west","tag-cbre","tag-innovatus-capital-partners","tag-tesla"],"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>Tesla to Open New Seattle-Area Office - 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