Eastside CoWorking Universe

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COLLIERS INTERNATIONAL 11225 SE 6th Street · Suite 240 · Bellevue, WA 98004 · +1 425 453 4545 · www.colliers.com Eastside’s CoWorking Universe Total: 269,760 SF 1% 66% 12% 9% Company Buildings Location SF Occupied Key Center Bellevue CBD 22,449 Skyline Tower Bellevue CBD 24,431 Bellevue Tech Center - Bldg F Suburban Bellevue 41,024 Bellefield OP - Cedar Bldg Suburban Bellevue 11,143 Ridgewood CS - Bldg G Suburban Bellevue 22,446 Centra Office Park - East Bldg 520 Corridor 17,151 5000 Carillon Point Kirkland 29,188 Kirkland 405 Corporate Center - Bldg B Kirkland 10,343 Total 178,175 Plaza Center Bellevue CBD 16,645 14205 Bldg I-90 Corridor 16,260 Total 36,405 Redmond Town Square Redmond 25,099 Kirkland Lakeview Kirkland 2,526 Company Buildings Location SF Occupied Limited Edition OP - Bldg 4 520 Corridor 8,465 520 Corporate Center 520 Corridor 7,500 Westgate Building Redmond 4,600 Overlake Business Center North - Bldg K1 520 Corridor 5,240 Surrey Building 520 Corridor 5,250 2% 2% 2% 3% 3% COWORKING OFFICE SPACES Total occupied SF 269,760 Total inventory SF* 35,261,527 of Eastside total occupancy 0.8% * Inventory:Bellevue CBD, Suburban Bellevue, 520 Corridor, I-90 Corridor, Redmond, and Kirkland KIRKLAND 405 CORPORATE CENTER - BLDG B Regus 5000 CARILLON POINT Regus CENTRA OFFICE PARK Regus 520 CORPORATE CENTER extraSlice PLAZA CENTER Premier Business Center KEY CENTER Regus SKYLINE TOWER Regus SURREY BUILDING village88 techLab CEDAR BUILDING Regus RIDGEWOOD CS Regus 14205 BUILDING Premier Business Center KIRKLAND LAKEVIEW Impact Hub WESTGATE BUILDING North Star Offices REDMOND TOWN CENTER thinkspace OVERLAKE BUSINESS CENTER NORTH Eastside Incubator BELLEVUE TECH CENTER Regus LIMITED EDITION OP - BLDG 4 Orange Studios COWORKING SUBMARKET BREAKDOWN Bellevue CBD 68,775 520 Corridor 38,356 I-90 Corridor 16,260 Suburban Bellevue 74,613 Redmond 29,699 Kirkland 42,057 74,613 68,775 42,057 38,356 29,699 16,260 27.7% 25.5% 15.6% 14.2% 11.0% 6.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Suburban Bellevue Bellevue CBD Kirkland 520 Corridor Redmond I-90 Corridor Coworking Submarket Breakdown SF Occupied % of Coworking Market

Transcript of Eastside CoWorking Universe

COLLIERS INTERNATIONAL 11225 SE 6th Street · Suite 240 · Bellevue, WA 98004 · +1 425 453 4545 · www.colliers.com

Eastside’s CoWorking Universe

Total:269,760 SF

1%

66%

12%

9%

Company Buildings Location SF Occupied

Key Center Bellevue CBD 22,449

Skyline Tower Bellevue CBD 24,431

Bellevue Tech Center - Bldg F Suburban Bellevue 41,024

Bellefield OP - Cedar Bldg Suburban Bellevue 11,143

Ridgewood CS - Bldg G Suburban Bellevue 22,446

Centra Office Park - East Bldg 520 Corridor 17,151

5000 Carillon Point Kirkland 29,188

Kirkland 405 Corporate Center - Bldg B Kirkland 10,343

Total 178,175

Plaza Center Bellevue CBD 16,645

14205 Bldg I-90 Corridor 16,260

Total 36,405

Redmond Town Square Redmond 25,099

Kirkland Lakeview Kirkland 2,526

Company Buildings Location SF Occupied

Limited Edition OP - Bldg 4 520 Corridor 8,465

520 Corporate Center 520 Corridor 7,500

Westgate Building Redmond 4,600

Overlake Business Center North - Bldg K1 520 Corridor 5,240

Surrey Building 520 Corridor 5,250

2%

2% 2%3%

3%

COWORKING OFFICE SPACESTotal occupied SF 269,760

Total inventory SF* 35,261,527

of Eastside total occupancy 0.8%* Inventory:Bellevue CBD, Suburban Bellevue, 520 Corridor, I-90 Corridor, Redmond, and Kirkland

KIRKLAND 405 CORPORATE CENTER - BLDG BRegus

5000 CARILLON POINTRegus

CENTRA OFFICE PARK

Regus

520 CORPORATE CENTERextraSlice

PLAZA CENTERPremier Business

Center

KEY CENTERRegus

SKYLINE TOWERRegus

SURREY BUILDINGvillage88 techLab

CEDAR BUILDING

RegusRIDGEWOOD CS

Regus14205 BUILDING Premier Business

Center

KIRKLAND LAKEVIEWImpact Hub

WESTGATE BUILDING

North Star Offices

REDMOND TOWN CENTER

thinkspace

OVERLAKE BUSINESS

CENTER NORTHEastside Incubator

BELLEVUE TECH CENTER

Regus

LIMITED EDITION OP - BLDG 4

Orange Studios

COWORKING SUBMARKET BREAKDOWNBellevue CBD 68,775

520 Corridor 38,356

I-90 Corridor 16,260

Suburban Bellevue 74,613

Redmond 29,699

Kirkland 42,057

74,613 68,775

42,057 38,356

29,699

16,260

27.7%25.5%

15.6%14.2%

11.0%

6.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

SuburbanBellevue

BellevueCBD

Kirkland 520 Corridor Redmond I-90 Corridor

Coworking Submarket Breakdown

SF Occupied % of Coworking Market