REDMOND, WA- Spiration Inc. will be moving its headquarters to 15,000 sf in the First Choice Business Park. The Redmond-based medical-device manufacturer is presently headquartered in 5,000-sf at 154th Ave. NE, where it employs 17 people. A source at Spiration tells GlobeSt. the company will relocate during the first quarter of 2001. The move will allow the company to begin manufacturing its patented silicone rubber tubes for medical use.

The First Choice complex is comprised of three, one-story buildings, with 80,000 total sf. It is owned by First Choice Business Solutions, also headquartered here. IDD Aerospace, a manufacturer of small aircraft components, is another key tenant in the industrial park. Spiration would not comment on the term of the lease or the price paid. However, Zach Vall-Spinosa of the Bellevue office of Kidder, Mathews & Segner, the leasing agent, says 8,700 sf of space remain available at $0.65/sf for warehouse area, and $1.35/sf for offices.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.