Innovatus Capital Partners has acquired Triton Towers in the Seattle suburb of Renton. The three-tower class-A property totals 400,000 square feet. The purchase price was not disclosed.

Located between Bellevue and Seattle, the property is near manufacturing, aerospace and healthcare employment centers. Leading companies Boeing, Valley Medical Center, Kaiser Permanente and PACCAR Inc. are all located near the property. "We see a big opportunity in Renton, which has experienced a surge in demand for high-quality office space given its locational attributes," said Bradley Seiden, managing director of Innovatus, in a statement about the purchase, adding that the firm plans to complete capital improvements started by the previous ownership.

The property already features state-of-the-art conference centers, a new exercise facility with showers and lockers, shaded outdoor picnic areas, full-time day porter service, bike storage and abundant free surface parking.