Olympic Block totals 73,184 square feet at 101 Yesler Way, at the corner of Yesler Way and 1st Ave. South.
SEATTLE—Olympic Block is a technology-oriented mixed-use office and retail building totaling 73,184 square feet in Pioneer Square at 101 Yesler Way. More than half of Olympic Block's office space is considered creative light tech, allowing for efficient conversion to open/collaborative office designs according to tenant needs. The building is currently 90% leased to a range of tech and office tenants along with ground-floor restaurant tenants. The office, retail and residential spaces are served by a subterranean parking garage.
EverWest Real Estate Investors, in partnership with Chilean-based fund manager Frontal Trust, has entered the Seattle office market with the acquisition of Olympic Block. EverWest's purchase includes six floors of the building, built in 1986, six floors of the Lippy Building, built in 1889, and 8,576 square feet of street-level retail space. The project also includes three floors of residential space that is owned by a separate entity and not part of the acquisition.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
