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

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

Transaction Size:

104,624 SF

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.

Landlord Benefit

Northwest Aerospace Technologies moved into its new facility that includes approximately 37,000 square feet of above standard office and sweeping views. NAT uses its new facility as a recruiting tool to attract talented engineers.

Latitude Development was able to exercise its Option to Purchase the land under the NAT building, resulting in fee-simple ownership of the Property while controlling an additional 4.84 acres for a future development.



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