SEATTLE, WA—Trammell Crow Company and joint venture partner Washington Capital Management, say that Swedish Health Services has signed a long-term lease for 120,000 square feet at First Hill Medical Pavilion.
The newly renovated 7-floor class A, 225,000-square-foot medical office building is now at 100% occupancy.
Specifics on which clinics or other Swedish-related services will be moving into the building are still to be announced. Late last month, Swedish moved its Organ Transplant and Liver Center to the sixth floor of the building, opening the first organ transplant and liver center in the in the nation to provide all related services but surgery in one location and on one floor. Seattle Medical Associates also moved its offices to the First Hill Medical Pavilion earlier this week.
The building features a two-story main lobby, new building MEP infrastructure, landscaping and plaza improvements, a six-story 60,000-square-foot building expansion as well as a new 415-stall subterranean parking garage. Swedish Health Services will join other existing tenants CellNetix and Theraclone when they occupy the building.
“The addition of these medical groups to the building represents some of the most forward-thinking healthcare companies in our region,” said Mike Nelson, a Principal with Trammell Crow (TCC)'s Seattle business unit. “It was this caliber of groups that we had in mind when we set out to renovate this property. Visitors and patients will now have a variety of medical options under one roof, in a state-of-the-art office building.”
First Hill Medical Pavilion is situated in the Seattle First Hill submarket, the heart of the premier hospital and medical services hub in the Puget Sound region. The building features a subterranean pedestrian tunnel linking the building with Swedish Medical Center. The project is situated on a full city block bounded by Boren Avenue, Minor Avenue, Columbia Street and Marion Street.
First vice president Paul Carr, first vice president Steve Perovich and senior associate Marcus Yamamoto with CBRE's Seattle office represented TCC and Washington Capital Manangement.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
