gix building | retail for lease retail · security properties phase 1 completed security properties...

T R A C Y C O R N E L L

[email protected]

J O H N R I T T E R

[email protected]

reta i lG I X B U I L D I N G | R E T A I L F O R L E A S E

A V A I L A B L E I M M E D I A T E L Y

JSHPROPERTIES.COMTHE SPRING DISTRICT | RETAIL FOR LEASE

GIX Building Spring District retail will serve residents and employees of the new 36-acre Eastside neighborhood, The Spring District. Available Immediately.

Address: Suite 136, 12280 NE District Way, Bellevue WA 98005Prime retail location on the southwest corner of the Global Innovation Exchange building. Shell space includes expansive windows and high ceiling. Steps away from the residents of the Sparc Apartment. Two additional retail spaces in the building are leased to a deli and coffee shop.

AMLI Spring District Project Details - Available

SPACE AVAILABLE RSF ASKING RENT NNN COMMENTS

RETAIL 136 1,768 $34.00/SF $8.60 No Type 1 hood

1,768 RSF of retail space for lease on the SW corner of the Global Innovation Exchange Building

Suite 136, 12280 NE District Way, Bellevue WA 98005

Available immediately

Steps away from the residents of the Sparc Apartments

Located on the corner of District Way & 122nd across the street from the Brew Pub

reta i l

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY,

BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

GIX BUILDINGspring district


Neig

hbor

hood

Hig

hlig

hts

2017 Estimated Demographics

Site Plan

Built-in Customer Base

1-mile 2-mile 3-mile

EMPLOYEES 12,037 105,413 224,754

DAYTIME POPULATION 56,474 233,306 357,161

MEDIUM HH INCOME $111,636 $133,815 $143,726

800RESIDENTIAL UNITS

PHASE 1

1,700REI EMPLOYEES

3,000GIX STUDENT

CAPACITY

800,000SQUARE FEET OF

OFFICE SPACE BY Q1 2020

THE SPRING DISTRICT

Downtown Bellevue

Future Light Rail

Downtown Seattle

REI HEADQUARTERS

PUBLICOPEN SPACE

The Spring District is a new 16-block, 36-acre, pedestrian friendly neighborhood in the heart of Bellevue, located directly off Highway 520.

GThe developer has planned small block sizes that will be pedestrian friendly, outdoor terraces, gardens, chefs garden, and parks

GThis location will serve as the new Spring District /120th Street East Link Light Rail Station scheduled to open 2023. It is forecasted that over 15,000 commuters will use this station daily.

GHome to REI’s new HQ’s with 325,000 sf of office space and 1,700 employees, to be completed Spring of 2020

GGlobal Innovation Exchange-a joint educational institute between University Of Washington and Tsinghua University which will have close to 3,000 students at its peak enrollment

GAmple underground and surface parking to accommodate residents and commercial Tenants

GConstruction of Block 16 is underway with 320,000sf of office

GWhen the site is fully developed (2028), it will have over 3 million square feet of office space, over 1,000 residents, and over 80,000 square feet of retail

G204 AMLI residential units (182,913 SF) avaialbe Q2-Q3 2019

GIX RETAIL

JSHPROPERTIES.COMTHE SPRING DISTRICT | RETAIL FOR LEASEFT

0 80 160

Completed

Aug '18 - S

ept '19(14 m

onths)

Jan '20 - Jul '2119 months March '18

19 months

Completed

Completed

Nov '17 - Jun '18 (8 m

onths)

Mar '19 - Feb '20(12 months)

Tract K Park& Garage

Plazaat ST Station

Jun '20-July '20(1 month)

-Plaza at ST Station

RetailPavilion

3A

August '19-Jul '20

(11 months)

Park Tract J/G

121st Ave NE

Sep '19 - Apr '20(8 months)

-Park Tracts J/G

-121st Ave NE

Security Properties Phase 1

Completed

Security Properties Phase 2

Nov '16 - Dec '18(25 months)

AMLIOct '17 - Dec '19

(26 months)

GIXCompleted

Completed

SurfaceParking Lot

BlockApr '18 - Sep '19

(18 months) Block 16

Brew PubAug '18 - Mar '19

(8 months)

REI

REI

Apr '18- Mar '20(24 months)

Final Lift October 2017

Nov '17 - Jun '18 (8 months)

TCE 1

TCE 2TCE 3

TCE 5

TCE 4TCE 6

TCE 3

TCE 1

The Spring DistrictPhasing PlanOctober 9, 2017

HQ

HQ

204 RES. UNITS(182,913 SF)QTR 2-3 2019

6,062 SF RETAIL

APPROX. 3,000 STUDENTS

BRIGHT HORIZONS

SECURITYPROPERTIES309 UNITS

13,810 SF


OFFICE160,734 SF

spring district

GIX RETAIL


1,76 8 S F AVA I L A B L E

DELI

COFF

EE S

HO

P


Spring District Development Timeline and PotentialCOMPLETE 2018 2019 2020 2020+

URBAN PARK PHASE 1 PHASE II

GIX CAMPUS OPEN 90,000 SF

REI HEADQUARTERS COMPLETED400,000 SF

BREWPUB BREWPUB OPENS 8,900 SF

RESIDENTIAL 309 UNITS 588 UNITS 792 UNITS 992+ UNITS

OFFICE 96,000 SF 426,000 SF 826,000 SF 2,600,000 SF

RETAIL 18,000 SF 22,000 SF 50,000 SF 89,000 SF 115,000 SF

HOTEL 220 ROOMS

BLOCK 16 OFFICE 330,000 SF

AMLI RESIDENTIAL III 2019

URBAN PARK 2016 & 2020 SOUND TRANSIT STATION 2023 REI 2020 GIX 2017 BLOCK 16 OFFICE 2019

RESIDENTIAL III 2017 BREWPUB/OFFICE 2019 RESIDENTIAL III 2018 BLOCK 24 2020

East Link Light Rail Service start: 2023This project extends light rail from the Redmond Technology Center across Lake Washington in the I-90 corridor to West-lake Station in downtown Seattle. The alignment will be primarily elevated and at-grade with a short tunnel in downtown Bellevue. Ten stations will be built at Redmond Technology Center, Overlake Village, Bel-Red/130th Street, Spring Dis-trict/120th Street, Wilburton, Bellevue downtown, east Main, south Bellevue, Mercer Island and Judkins Park in Seattle. Provided by http://systemexpansion.soundtransit.org

LIGHT RAIL STATION

KIRKLAND

89,149

DOWNTOWN BELLEVUE

36,898

FACTORIA

11,572

SUBURBAN

BELLEVUE

72,511

REDMOND

61,994

NEWCASTLE

11,920

JSHPROPERTIES.COM JSHPROPERTIES.COMTHE SPRING DISTRICT | RETAIL FOR LEASE THE SPRING DISTRICT | RETAIL FOR LEASE

Proposed Spring District Retail Merchandising Plan

FUTURE OFFICE

4,000 SF2,700 SF

FUTURE RESIDENTIAL

REI MARKET HALL CONCEPT

REI

OFFICE / REI

TBD

GIX PHASE II100,000 SF

GIX

BREWPUB

BRIGHT HORIZONS



OFFICE160,734 SF

62

SURFACE PARKINGUNTIL BUILT

50

300

OFFICE: UNDER CONSTRUCTION

330,000 SF

NE SPRING BLVD

120T

H A

VE N

E

121S

T AV

E N

E

NE DISTRICT WAY

NE 14TH TERRACE12

4TH

E AV

E N

E

122N

D AV

E N

E

PUBLICOPEN SPACE

PUBLICOPEN SPACE

FUTURE HOTEL SITE

TRANSIT STATION OPENS: 2023

TRANSIT PLAZA

FUTURE OFFICE

3,400 SF

682,000 SF

2,200 SF3,300 SF

2,500 SF

12,252 SF2,500 SF

1,800SF

1,768 SF

8,968 SF

13,810 SF

1,297 SF

826 SF

1,500 SF

1,300 SF

20182017 2019 2020 2021 2022 2023

908

PARKING STALLSCOMPLETION

AMLIRESIDENTIAL:

204 UNITS

1,115 SF

1,138 SF

1,219 SF

1,579 SF

1,012 SF

Bel-Red District Developments

1. Block 12 Office/Brew Pub 1285 122nd Avenue NE Lot #12

2. Pine Forest Master Development Plan (MDP) 1425, 1445 & 1215 120th Avenue NE 8.43 Acres

IN REVIEW: BUILDING:

UNDER CONSTRUCTION

3. Spring District Residential Phase II (279 Units) 1209 124th Avenue NE

4. Hyde Square (618 Units) 15500 NE 20th Street

5. East Link 130th Station (300 Park & Ride Stalls) Spring Boulevard (between 130th & 132nd Ave NE)

6. Avid Townhomes (49 Townhomes) 1505 140th Avenue NE

7. AMLI Spring District (204 Units) 1375 121st Avenue NE

8. REI at the Spring District 1209 124th Avenue NE

9. Spring District, Building 16 1288 123rd Avenue NE

10. East Link Operations & Maintenance Facility East (OMFE)- Phase 1 1899 120th Avenue NE

11. Lario Townhomes (46 Townhomes) 12443, 12453 & 12433 NE Bellevue Redmond Road

12. AUDI AutoNation Parking Garage 1533 120th Avenue NE

13. Big 1 Mixed Use 13000 NE Bellevue-Redmond Road

14. Cadence 1500 130th Avenue NE

15. Bel-Red TOD 1600 132nd Avenue NE

16. Northup Mixed Use 12863 Northup Way

17. Retail / Bike Pavilion 1227 124th Avenue NE

18. Spring District - Building 24

12355 NE District Way

12

3

5 15

16

17

18

14

13

4

6

7

8

9

10

12

11

gix building | retail for lease retail · security properties phase 1 completed security properties...

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