Salmon Bay WATERWAY

1100–1120 West Ewing StreetSeattle, WA 98119

E XCLUSIVE OFFER ING • ±9 . 1 1 GROSS ACRE SI T E

E X C L U S I V E O F F E R IN G • S A L MON B AY WAT E R WAY2

Ballard Bridge

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Leary Way

15th Ave

NW

W Nickerson St

15th Ave W

Ballard Bridge

Frem

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Leary Way

15th Ave

NW

W Nickerson St

15th Ave W

Fred Meyer

Ballard Blocks

Fishermen’s Terminal

Port of Seattle

Ballard Locks

Google

Adobe

Tableau Software

Seattle Pacific University

Shilshole Bay Marina

Salmon Bay Marine Center

Shilshole Bay

Salmon Bay

BALLARD

FREMONTINTERBAY

QUEEN ANNE

MAGNOLIA

PHINNEY RIDGE

GREENWOODCROWN HILL

BALLARD

FREMONTINTERBAY

QUEEN ANNE

MAGNOLIA

PHINNEY RIDGE

GREENWOODCROWN HILL

©Aerolistphoto.com

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THE OFFERINGCBRE, as exclusive advisor, is pleased to offer the Salmon Bay waterway site, a 9.11 gross acre site with approximately 7.67 acres of Upland and approximately 1.44 acres submerged. Located south of Ballard, west of Fremont and north of Queen Anne, the property sits in one of only two designated manufacturing and industrial centers within the city of Seattle, and is uniquely zoned for marine oriented industrial use. The site’s proximity to Salmon Bay and some of the area port facilities, as well as the location directly east of the Ballard Locks differentiates it from some of the older industrial/manufacturing properties in the immediate area, and make it a prime opportunity for an owner-user looking for a waterfront expansion. The overall neighborhood and surrounding areas continues to move away from industrial and manufacturing as existing improvements age. The property is ripe for redevelopment of a higher and better use.

Investment Highlights• Large, 9.11 acre industrial parcel, unprecedented within Seattle

city limits

• Unique waterfront location with fresh water moorage and easy access to the Ballard Locks

• Proximity to Ballard, Queen Anne and Seattle Pacific University, offering access to a diverse, populated area with many amenities and potential up and coming uses

Ballard Bridge

Frem

ont B

ridge

Auro

ra B

ridge

Leary Way

15th Ave

NW

W Nickerson St

15th Ave W

Ballard Bridge

Frem

ont B

ridge

Auro

ra B

ridge

Leary Way

15th Ave

NW

W Nickerson St

15th Ave W

Fred Meyer

Ballard Blocks

Fishermen’s Terminal

Port of Seattle

Ballard Locks

Google

Adobe

Tableau Software

Seattle Pacific University

Shilshole Bay Marina

Salmon Bay Marine Center

Shilshole Bay

Salmon Bay

BALLARD

FREMONTINTERBAY

QUEEN ANNE

MAGNOLIA

PHINNEY RIDGE

GREENWOODCROWN HILL

BALLARD

FREMONTINTERBAY

QUEEN ANNE

MAGNOLIA

PHINNEY RIDGE

GREENWOODCROWN HILL

E X C L U S I V E O F F E R IN G • S A L MON B AY WAT E R WAY4

PROPERTY DESCRIPTIONSituated between neighborhoods of Queen Anne, Magnolia, Ballard and Fremont, the Salmon Bay Waterway site currently houses two buildings totaling approximately 155,763 gross square feet—the 1100 Building, located at 1100 West Ewing Street, is approximately 105,540 sq. ft., while the 1120 building, located at 1120 West Ewing, is approximately 50,223 sq. ft. Well located just east of the Ballard Locks along the Ship Canal Waterway (Salmon Bay), the site has approximately 900 lineal feet of water moorage, with submerged land extending approximately 60 feet from the upland area. The property offers excellent access to all parts of Seattle via 15th Avenue and West Nickerson Street; neighbors include Seattle Pacific University, Fisherman’s Terminal, Foss Maritime, Coastal Transport, and Trident Seafoods, with major tech tenants such as Adobe and Tableau located nearby.

Property Overview

TOTAL SITE AREA ±9.11 gross acres

UPLAND AREA ±7.67 acres

SUBMERGED AREA ±1.44 acres

ZONING IG1 U/45 (General Industrial 1), City of Seattle

PARCEL 766620-0070

STATE HARBOR LINE ±900 feet; additional 19,290 SF leased from Department of Natural Resources

BUILDING A

ADDRESS 1100 W Ewing Street, Seattle, WA 98119

AREA ±105,540 SF

FOOTPRINT ±67,473 SF

2ND FLOOR MEZZANINE ±38,100 SF

YEAR BUILT 1978

CONSTRUCTION Masonry

BUILDING B

ADDRESS 1120 W Ewing Street, Seattle, WA 98119

AREA ±50,223 SF

YEAR BUILT 1957

CONSTRUCTION Masonry

BuildingB

BuildingABuilding

B

Area leased from Dept. of Natural Resources

BuildingA

W Ewing St

13th Ave W

W Nickerson St

W Ewing St

13th Ave W

W Nickerson St

NEARBY RETAIL AMENITIES1. Market Arms

2. Hazlewood

3. India Bistro

4. The Matador

5. Sunset Tavern

6. Ballard Annex Oyster House

7. Volterra

8. El Borracho

9. Kickin’ Boot Whiskey Kitchen

10. Shiku Sushi

11. Bastille

12. Stoneburner

13. King’s Hardware

14. Tractor Tavern

15. Conor Byrne

16. Bad Albert’s

17. Ballard Loft

18. The Walrus and the Carpenter, Staple & Fancy

19. Pono Ranch Restaurant & Bar

20. CorePower Yoga

21. Mike’s Chili Parlor

22. Ballard Blocks: Trader Joe’s, Ross Dress For Less, LA Fitness, Top Pot Doughnuts

23. Office Max

24. Cash & Carry

25. Big 5 Sporting Goods

26. 7-Eleven

27. Jack in the Box

28. Giddy Up Burgers

29. Bevmo

30. Bourbon & Bones

31. Fred Meyer

32. Two Shoe BBQ

33. Frelard Pizza Company

34. The George & Dragon

35. Nectar

36. The Ballroom

37. Revel

38. Fremont Studios

39. The High Dive

40. Red Star Taco Bar

41. Blue C Sushi

42. PCC Natural Market

43. Blue Moon Burgers

44. Teriyaki Bowl

45. The Blue Heron

46. Sunny Teriyaki

47. Caffe Appassionato

48. Fishermen’s Terminal

49. La Palma Mexican Restaurant

50. Denali Fitness

51. Einstein Bros.

52. Subway

53. ARCO & ampm

54. QFC

55. Pagliacci Pizza

56. Yasuko’s Teriyaki

57. Byen Bakeri

58. 7-Eleven

59. Thai Fusion

60. Mulleady’s Irish Pub

61. Red Mill Burgers

62. Starbucks

63. 76

64. Zeek’s Pizza

65. Tully’s Coffee

66. Interbay Veterinary Care

67. Eat Thai Cuisine

68. Interbay Athletic Complex

69. Nickerson Street Salon

70. New China Express

71. Time 4 Pho

72. Epic Styles Salon

73. Americano Burgers

74. Interbay Golf Center

75. Canlis

76. Alpine Hut

77. Total Wine & More

78. Elliott Bay Animal Hospital

79. Whole Foods

80. West Marine

81. Subway

82. Magic Dragon

83. Chevron

84. Brown Bear Car Wash

85. Staples

NOTABLE OFFICE OCCUPIERS1. Google

2. Tableau Software

3. Adobe

4. Expedia (future HQ)

NOTABLE INDUSTRIAL AND MARITIME OCCUPIERS1. Ballard Oil

2. Stimson Marina

3. Trident Seafoods

4. Ballard Mill Marina

5. Kenco Construction

6. Seattle Maritime Academy

7. Kvichak Marine

8. Lakeside Industries

9. Miller & Miller Boatyard

10. North Pacific Seafood

11. Northwestern Industries

12. Salmon Bay Marine Center

13. Salmon Bay Marina

14. Port of Seattle

15. Coastal Transport

16. Foss Maritime

BREWERS, DISTILLERS AND WINERIES1. Stoup Brewing

2. Reuben’s Brews

3. Lucky Envelope Brewing

4. Populuxe Brewing

5. NW Peaks Brewery

6. Peddler Brewing Company

7. Fremont Brewing

8. Maritime Pacific Brewing Company

9. Old Ballard Liquor Company Distillery

10. Bad Jimmy’s Brewing Co.

11. Hale’s Ales

12. Outlander Brewery & Pub

13. Fremont Mischief Distillery

14. Urban Family Brewing Co.

15. Figurehead Brewing

16. Rooftop Brewing Company

17. Almquist Family Vintners

LEGEND

Retail Amenities

Brewers, Distillers & Wineries

Notable Industrial & Maritime Occupiers

Notable Office Occupiers

Multi-Use Trail

On-Street Bike Lane or Sharrow

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LOCATION OVERVIEWInterbayJust south of the ship canal across the Ballard bridge lies Interbay. Traditionally an industrial and shipping hub for the city, the neighborhood was upzoned within the past 10 years to allow taller structures on non-residential land. While Interbay still maintains it’s industrial and manufacturing heritage (the Port of Seattle Fisherman’s Terminal and BNSF Balmer Yard still call Interbay home), this up zoning has encouraged creative space uses, transforming the neighborhood into a unique blend of tech, industrial and retail space. Since then, there has been a surge in activity across a broad range of uses. The Interbay Urban Center—a fully-leased 80,000 square foot development—houses a number of urban lifestyle retail amenities, including Whole Foods, Petco and a NW Crossfit. Local technology firms such as F5 Networks and Big Fish Games make their home in the submarket directly south, on the cusp of the neighborhood. Additionally, the planned relocation of Expedia’s headquarters to the former Amgen Campus in 2018 marks a significant game change. According to a recent traffic study, Interbay is already the third busiest north-south arterial in the city; King County Metro’s recent Rapid Ride service upgrade along 15th Avenue NW/Elliott Avenue has helped to alleviate that, but an influx of an extra 3,000+ employees to the area will likely have a dramatic effect on transportation and growth. The area and the markets directly adjacent to it are prime locations for development and expansion. Apartment developers have thus far been answering that need. The Slate Apartments and Lofts were

completed in 2013 and sold to LaSalle Investment Management; Tehama Management opened Jax on 3rd Avenue West in Lower Queen Anne in December of 2014; and Goodman Real Estate opened The Flats at Interbay and Canvas in 2014, with plans for a future development along 15th Avenue West underway. The melding of industrial, retail, residential and a burgeoning tech industry, complemented by a unique start-up culture results in one of the most diverse markets in the entire Puget Sound region.

BallardBallard is a microcosm of Pacific Northwest history, tradition and architecture. Bordered by Puget Sound, Shilshole Bay and Salmon Bay, Ballard has a rich history filled with maritime connections. The neighborhood offers extraordinary views of Puget Sound, and stands as a vibrant area of the city, heavily dotted with locally owned boutique shops, pubs, restaurants, and waterfront parks including Golden Gardens Park. Originally home to mill workers, fishermen and boat builders—many of whom emigrated from Scandinavia, Ballard is home to the Nordic Heritage Museum and celebrates with an annual Norwegian Constitution Day Parade. The original business district along Ballard Avenue remains largely intact today and has been protected by a Seattle City Ordinance as a Historic Landmark District. Its buildings are listed on the National Register of Historic Places.

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. ejs 10-14-16

John GillilandFirst Vice President+1 206 442 2745john.gilliland@cbre.com

John SullivanVice President+1 206 442 2744john.sullivan@cbre.com

For more information please contact:

Salmon Bay WATERWAY

1100–1120 West Ewing StreetSeattle, WA 98119

CBRE, Inc.1420 5th Avenue, Suite 1700Seattle, WA 98101