EQ Office Completes Seattle Office Redevelopment

800 Fifth. Image by Aaron Leitz via EQ Office

EQ Office has finalized the redevelopment of 800 Fifth, a 934,806-square-foot, Class A office building located in Seattle’s Central Business District. Seattle-based architectural firm Olson Kundig was behind the building redesign.

The 42-story building was originally completed in 1981 and underwent cosmetic renovations in 2001 and 2016, as shown by CommercialEdge. EQ Office’s renewal comes with new amenities designed to meet the needs of today’s workforce, merging both indoor and outdoor wellness- and collaboration-centric spaces for tenants.

The same data provider reveals that the owner picked up the asset back in 2019 for $540.4 million. The office building’s tenant roster includes Sonos, Greystar, Bank of America, Starbucks and Merriman Wealth Management, among others.

A reimagined 16,200-square-foot entry and lobby, a new fitness center and a 15,800-square-foot public garden and plaza, comprising an outdoor fireplace and event space, are among the renovations at the LEED Platinum certified property.

800 Fifth. Image by Aaron Leitz via EQ Office

Interior renovations were aimed at creating a comfortable work environment and incorporated the addition of suspended lantern lighting, customized bookcases, integrated artwork and an enhanced terrace.

Seattle’s robust development pipeline

Located in downtown Seattle, the office tower is close to the waterfront, Pike Place Market and the central retail core. A variety of dining and entertainment offering are also nearby.

According to a recent CommercialEdge report, 132 million square feet of office space was being built nationwide as of November 2022. The same source stateed that as of the same month, 5.6 million square feet of office space was under construction in the Seattle area.

Last year, developer evolution Projects announced the development of the first phase of 35 Stone, a preleased office project in Seattle. The development is scheduled for completion by the third quarter of 2024.