 |
| Michael Leggett |
SEATTLE, WA –– Holliday
Fenoglio Fowler, L.P. (HFF) announces the sale of Willow
Creek Corporate Center, a seven-building, Class A office park in the
thriving tech submarket of Redmond, Washington.
The HFF team
represented the seller, and procured the buyer, Preylock Real Estate Holdings.
Willow Creek
Corporate Center comprises 421,785 square feet spread across seven fully leased
buildings. The campus is located in the supply constrained North Redmond
submarket of Seattle, just minutes from Microsoft’s world headquarters.
 |
| David Otis |
Preylock Real Estate Holdings are owners, operators and
developers of commercial and residential real estate primarily located on the
West Coast.
They
utilize a relative value approach to real estate investing, identifying unique
investment opportunities in highly targeted, supply constrained markets.
 |
| Logan Greer |
Generally, they seek to acquire assets that
trade at a discount to replacement cost and/or comparable assets in neighboring
sub-markets. The company is currently focused on the acquisition of value-add
and core plus office buildings in major West Coast sub-markets.
 |
| Kevin Freels |
To date, Preylock has acquired assets totaling
approximately two million square feet, investing approximately $700
million.
For more information, please contact:
KRISTEN MURPHY
HFF Director, Public
Relations
(617) 338-0990
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