Search
 

London Aerospace Firm Inks Lease Near Boeing

MUKILTEO, WA-A subcontractor on the new Boeing 787 takes 16,665 sf at Harbour Pointe Tech Center, a four-story 350,000-sf office and warehouse building here that is located near Boeing's assembly plant in Everett, WA, and the Snohomish County Airport (Paine Field).

By Brian K. Miller | Updated on October 31, 2005

MUKILTEO, WA-Smiths Aerospace, a London-based subcontractor on the new Boeing 787, has leased 16,665 sf at Harbour Pointe Tech Center, a 350,000-sf four-story office and warehouse building here that is located near Everett, WA, home to Boeing’s assembly plant and the Snohomish County Airport (Paine Field). The company, relocating from 1380 112th Ave. NE in Bellevue, WA, will occupy a portion of the third floor in January 2006.

Situated on a 31-acre parcel at 6500 Harbour Heights Pkwy., Harbour Pointe Tech Center is owned by WiredZone Holdings, a real estate operating company capitalized by New York-based Apollo Real Estate Advisors LP and Dallas-based Prescott Realty Group. The lease drops vacancy in the building to 54%, the lowest it has been since WiredZone acquired the building five years ago. Gregg Riva and Derek Heed, senior vice presidents with Colliers International, brokered both sides of the transaction.

Smiths is one of the first “second tier” B787 suppliers to lease space in the Paine Field area. The company will supply the landing gear and high lift actuation systems for the aircraft.

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.