The developer is SRM Development of Spokane, WA; Paul Sweeney and Jeff Watson of the Broderick Group had the listing assignment. The negotiated lease rate for Google's "long-term" lease was not released by the parties involved. Prior to the deal, the asking net rental rate for the complex was $28.85 per sf per year, with operating expenses estimated at $8.25 per sf per year, putting the annual full-service asking rate at $37.10, according to Broderick Group.

The buildings are located at 747-787 Sixth St. S., which abuts a Burlington Northern Santa Fe Railroad that runs between I-405 and Lake Washington. The concrete and steel buildings will give workers views of Lake Washington and the Olympic Mountains. Other campus amenities include exterior decks, plaza areas, water features and convenient access to both Interstate 405 and State Route 520. The largest of the three buildings is 68,892 sf; the other two buildings are each approximately 63,000 sf.

The lease comes on the heels of other large prelease commitments on the Eastside of Lake Washington by the region's 800-pound gorillas as well as additional large leases by Google in the Bay Area. In June, Expedia Inc. signed a 10-year lease for 84% of Tower 333, a 414,000-sf, 20-story office building under construction next door to Kirkland in Downtown Bellevue. The online travel company will relocate its headquarters to the building from Sunset Corporate Campus along Interstate 90 in November 2008, approximately one year after the building is expected to be ready for tenant improvements. Expedia's annual net rent will start at $25.85 per sf and end at $35.85, according to an SEC filing. Operating expenses will add about $10 per sf.