Hines signs lease with Expedia for Tower 333 in Bellevue, WA (US)

The Seattle office of Hines, the international real estate firm, and Washington Capital Management, Inc., a Seattle-based investment management firm, announced today that they have signed a lease with Expedia, Inc., which will move its corporate headquarters in November 2008 to Tower 333, a 20-story office building currently under construction on the southwest corner of 108th Avenue NE and NE 4th Street in downtown Bellevue.

Artist Impression of Tower333

Jeff Watson and Joe Razore of the Broderick Group represented Hines in the transaction.

"Tower 333 is the first building to be funded by the Hines CalPERS Green (HCG) development fund, and represents our first joint venture with Washington Capital Management," noted Hines Senior Vice President Colin Shepherd.
Hines Project Manager Ty Bennion added, "Major selling points were the building's location and its sustainable design features including 10-foot ceilings and full-height windows to increase daylighting." Bennion also reported that prime space in the building is still available for lease –including the building's top floors 19 and 20. In addition to the spectacular views offered at the building's upper levels, the 19th floor features a balcony as an added amenity.

Tower 333 recently became the first high-rise office project on the West Coast to receive pre-certification from the U.S. Green Building Council's LEED (Leadership in Energy and Environmental Design) Core and Shell program.

Designed by LMN Architects, Tower 333 will be clad in highly transparent glass maximizing the site's views west to Lake Washington and the Olympics, south to Mt. Rainier, and east to the Cascades. Flexible 23,000-square-foot floor plates, some of the largest in Bellevue, will provide for efficient space planning. State-of-the art, energy-efficient operating systems will be included. An inviting, half-acre outdoor plaza is planned for the project, as well as a below-grade parking garage capable of offering tenants three stalls per one thousand square feet.

Source: Hines

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