everett technology building...

C O R P O R A T E H E A D Q U A R T E R S O P P O R T U N I T Y I N T H E S E A T T L E A R E A

312,000 sf Office / Technology availability in Everett, Washington

TABLE OF CONTENTS

1. Property overview

2. Location

3. Floor plans

4. Adjacent land

5. Photographs

6. Market overview

Information deemed reliable but is not guaranteed

PROPERTY OVERVIEW

Jones Lang LaSalle is pleased to present the opportunity to lease or purchase a 312,000 square foot headquarters office / technology building in a prime Everett, WA location.

Located in a private corporate enclave adjacent to Boeing’s Paine Field production facility, the Property is one of the region’s premier single-building corporate headquarters facilities.

Designed and developed for a global technology company, the Property features state-of-the-art building systems and technology infrastructure, outstanding on-site amenities, and Class A tenant improvements. The Property is Energy Star rated, and has been continuously upgraded over the past 20 years to accommodate the requirements and long-term needs of a technology leader.

Set within its own 44 acre forested site, the 312,000 square foot Property is available upon 12 month’s notice, of which 100,000 square feet are available immediately. For long term growth and expansion potential, the adjacent 36 acre site is also separately available. This adjacent land has development approval for of an additional 357,000 square feet, providing long-term flexibility for an expanding company’s facility needs.


PROPERTY OVERVIEW

NegotiableTerms:

Health club with locker rooms & outdoor facilitiesRaised floor server roomAuditoriumDining atrium & full-service commercial kitchen

Amenities:

Office Space - 9’ to gridTech / Flex Space – 12’ to gridManufacturing / Warm Shell Space - 18’ clear

Ceiling height:

44.79 acres (18.14 hectares)Site size:

900 spaces plus truck courtParking:

Energy star rated concrete & steel office buildingBuilding type:

TwoFloors:

312,000Rentable square feet:

1990Year built:

6001 36th Avenue W. (Seaway Blvd.)Everett, WA 98203

Address:


PROPERTY OVERVIEW

Everett M-M Business ParkZoning:

SunGlas 1” Insulated unitsWindows:

Insulated reinforced concreteExterior walls:

3-ply, R-28+ tapered insulationRoofing:

IBC Type IB & Type IIABuilding code designation:

RIFD proxy card systemSecurity:

Sprinklered throughoutFire/Life safety:

3000 KVA service fully distributed to office, tech and mfg. areasElectrical service:

Energy Management SystemControls:

9 Roof-top units (540 tons) in office flex, gas units in shellHVAC:

T-5 & T-8 fluorescentLighting:

For manufacturing, storage, or convert to office or tech spaceShell / Manufacturing:

Ceiling grid at 12’ with ample plenum area and skylightsTech / Flex:

Skylit commons for employee dining and casual meetingsAtrium:

Class A finishes throughoutOffice:

Puget Sound EnergyNatural gas:

MPLSTelecommunications:

City of EverettSewer:

City of EverettWater:

Snohomish County PUD #1Electricity:

CONSTRUCTION DETAIL BUILDING SYSTEMS AND SERVICES

INTERIOR FEATURES UTILITY SERVICE PROVIDERS


LOCATION


N

526

SUBJECT

Puget Sound, Port Gardner Bay (Port of Everett)

Paine Field

Boeing

Zumiez

LOCATION

Adjacent LandExotic Tool and Welding

Fluke

Rolls Royce NA

Everett Community CollegeApplied Technology Center

BE Aerospace

JanSport

ITT Tech

Achilles


Driving Distances:

4 miles Downtown Everett4 miles Interstate 520 miles Seattle26 miles Bellevue29 miles Port of Seattle

99

FLOOR PLANS

1st Floor 2nd Floor

Office & Tech - 238,000 SF

Manufacturing / Warm Shell - 61,000 SF

Auditorium & Health Club - 7,000 SF

Atrium - 6,000 SF

Total Building Area – 312,000 SF


Tech (12’ ceilings)

AVAILABLE ADJACENT LAND

N

Boeing Athletic facility

Adjacent Land

Seaway Blvd.

• Preliminary SEPA approval for 357,000 SF

• ± 36 gross acres (15 hectares)

• ± 20 net buildable acres (8 hectares)

• Zoned City of Everett M-M (Business Park)

• 4 miles to Interstate 5

• Corporate neighbors include Boeing, Fluke, BE Aerospace, and Rolls Royce NA.

• Land parcel listed for sale by Jones Lang LaSalle as a separate transaction independent of the Subject Property offering.

Subject Property


Expansion potential using the adjacent land

PROPERTY PHOTOS


SEATTLE / PUGET SOUND ECONOMY

• Outstanding Business Climate – Puget Sound ranks as one of the best places to do business in the United States due to its highly skilled workers, Pacific Rim location with excellent port facilities, world-class educational and research institutions, critical mass of manufacturing capacity, quality transportation and infrastructure, business-friendly government and exceptional quality of life.

• Economic Diversity – No single economic sector dominates the landscape of the Puget Sound Region. Although Business and Financial Services accounts for 24 percent of the local economy, other important sectors are well represented, such as Wholesale/RetailTrade (15.8 percent), Government (14.4 percent), Manufacturing (10.9 percent) and Education/Health Services (10.5 percent).

• High Technology – Washington State is one of the world’s leading centers for software development and information technology, and is ranked fifth in the nation in high technology employment per capita with over 230,000 jobs statewide. One in every 4.5 jobs in the State is in (or supports) the high technology industry. The Puget Sound is the State’s center for technology-based industries.

• Biotechnology / Life Science Research – Since the industry’s earliest beginnings, the Puget Sound has been a leader in biotechnology and life sciences, and is one of the fastest growing research centers in the United States. Greater Seattle is becoming known internationally as the new center for global health and is ranked 5th in the nation for biotechnology industry concentration. The Milken Institute also recognizes the Seattle area as one of the top-tier biotech communities in the world.


EVERETT ECONOMY

The waterfront city of Everett, Washington is home to an abundant work force and major companies such as Boeing, Fluke, and Naval Homeport Everett.

Located 25 miles north of Seattle on tranquil Port Gardner Bay, The city of Everett is a crucial deep-water port with a robust manufacturing and retail core, a state-of-the-art naval station and a robust technology sector. Everett’s labor force of 87,000 jobs has a strong focus on life sciences, electronics, aerospace and service-based industries.

•Affordable Coastal Living - Everett enjoys one of the most enviable locales in the Pacific Northwest, with the natural grandeur of nearby Seattle at a substantially lower cost of living. The majestic Olympic Mountains to the west and rugged Cascades to the east add drama to the area's water oriented landscape. The City of Everett boasts more than 1,600 acres of parks, trails and playgrounds within city limits, and is home to the largest public marina on the West Coast.•Innovative Environment - From start-ups to Fortune 500s, Everett is an innovative and business-friendly environment that encourages growth. You’ll find several household-name corporations here, including Frontier Communications, Kimberly-Clark Corporation and Boeing. Occupying more than 472 million cubic feet, Boeing's Everett plant is the largest building in the world, and is the production facility for the 747, 767 777, 787 and the new KC46A Tanker. Other notable Everett employers include Naval Station Everett (the Navy's advanced base with seven ships, including the aircraft carrier USS Abraham Lincoln), award-winning Providence Regional Medical Center Everett, Intermec, Fluke Corporation, Goodrich, NW Aerospace Technologies, Shin Nippon Biomedical Labs, Esterline/Korry Control Systems, and Achillies.

• Business Incentives - The 16th annual Kosmont-Rose Institute Cost of Business Survey ranks Everett as one of the 10 least expensive U.S. cities for businesses in 2010. Washington State and Snohomish County support this vibrant area’s ongoing economic development. Companies locating to the city of Everett have access to a variety of business incentives, from industry-specific tax breaks to location-based tax deferrals. Available programs include (but are not limited to): New jobs tax credit of up to $500,000; Biotechnology and medical device manufacturing sales and use tax deferrals; Machinery and equipment sales and use tax exemptions; High technology B&O tax credits for R&D spending; and reduced B&O tax rate for aerospace. As a city of Everett resident / business owner, there is no: Corporate state income tax; Unitary tax; Inventory tax; Personal state income tax; nor state tax on interest, dividends or capital gains.


Pat McCabeJones Lang LaSalle601 Union Street, Suite 1100Seattle, Washington 98101tel +1 206 607 [email protected]

Hughes McLaughlinJones Lang LaSalle601 Union Street, Suite 1100Seattle, Washington 98101tel +1 206 607 [email protected]

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