Case Studies | Broderick Group

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RBP1 (Latitude Development) Sells the NAT Building to a Local Investor

SALES | EVERETT, WA

After completing a build to suit facility for NAT and exercising its Option to Purchase the land at the Port of Everett’s Riverside Park, RBP1 (Latitude Development) hired Broderick Group to sell the Property. We developed and distributed a relatively simple Offering Memorandum, coordinated a DropBox containing property information and provided Confidentiality Agreements to interested potential buyers. After a short period of time, we establish an Offer Date. Upon receipt of many offers, we developed a short list, had conversations with candidates and identified a Buyer.

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The Spring District - Here Comes The Neighborhood

LANDLORD REP - OFFICE | BELLEVUE, WA

Broderick Group represented the landlord (Wright Runstad / Shorenstein) in the marketing & leasing of the largest transit-oriented development on the West Coast, which can offer approximately 2.2M SF of commercial office space.

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Latitude Business Park, Building A - Northwest Aerospace Technologies (NAT)

LANDLORD REP - HIGH TECH/INDUSTRIAL | EVERETT, WA

Broderick Group co-represented NAT with its national broker out of Orange County, CA. NAT needed a home for 250 employees, primarily engineers so an attractive setting was important. Riverside Business Park (owned by Port of Everett) offered a unique location with beautiful water and Cascade Mountain Range views. Broderick Group represented Latitude Development and negotiated a land lease including an Option to Purchase with Port of Everett. We simultaneously negotiated a 15-year lease between Latitude Development and NAT.

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Newport Place Disposition

SALES | BELLEVUE, WA

After successfully leasing the 41,000 SF multi-tenant building for over 15 years, Broderick Group was tasked with selling Newport Place, which is located in the commercial district of Factoria in South Bellevue.

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Family Investor Sells High Quality Office Building to Owner User

SALES | BELLEVUE, WA

In 2019, a local family investor decided to sell their well-located Bellevue office building and trade into a multi-family project. They hired Broderick Group to sell 15 Lake Bellevue off market. Broderick Group quickly identified a long time Bellevue developer looking for a building to own and occupy. American Capital Group now owns and occupies 15 Lake Bellevue while the Seller has successfully traded into an income producing multi-family investment.