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Cosmos Development Opens Lynnwood Center

LYNNWOOD, WA-A Bellevue-based development company completes a six-story, class A office building here. The company is hoping for success similar to its Mountlake Terrace Corporate Center.

By Gina Binole | Updated on March 26, 2002

LYNNWOOD, WA- Cosmos Development & Administration Corp. has completed construction of a 200,000-sf, class A office building known as Cosmos Lynnwood Center.

The building is similar in design and function to the Mountlake Terrace Corporate Center, just three and a half miles to the south.

“We see great opportunities in the northend,” says Mark Jackson, Cosmos vice president. “We were ahead of the curve when we developed the Mountlake Terrace property a few years ago, and it’s now 98.5 percent occupied. We believe the Cosmos Lynnwood Center fills a similar need in the market for high-quality, convenient, cost-effective space. A lot of downtown Seattle businesses are looking for this level of construction for their back-office functions. Plus the northend is closer to where many of their employees live and offers them a reverse-commute.”

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