SEATTLE, WA—Ivanhoé Cambridge and Callahan Capital Properties say they have completed four major lease transactions totaling 253,000 square feet at Wells Fargo Center, located at 999 Third Avenue in Seattle's downtown. This includes 175,000 square feet of new leases and almost 78,000 square feet of renewals, bringing the property to more than 95% leased. All the leases will commence in 2016.

In addition, the partnership has inked more than 150,000 square feet in new leases at 1111 Third Street, which is now nearly 90% occupied.

Ivanhoé Cambridge and Callahan (CCP) acquired Wells Farbo Center, a 984,000-square-foot, 47-story, class A property in May 2013 with the objective of investing significant capital to reposition it through physical upgrades and increased occupancy. This plan has been successfully executed with the recent completion of a bright new lobby, a state-of-the-art business center with seating for 80 guests, a tenant lounge and a fitness center. These amenities have helped to successfully attract a broad range of creative/technology users and more traditional office tenants to the building. Laura Ford, Greg Inglin, and Connor McClain of Colliers International represented the building ownership in all of the new deals.