Salmon Bay 1100–1120 West Ewing Street WATERWAY , WA 98119

EXCLUSIVE OFFERING • ±9.11 GROSS ACRE SITE Shilshole Bay Marina CROWN HILL GREENWOOD

BALLARD

PHINNEY RIDGE

15th Ave NW Ballard Blocks

Salmon Bay

Salmon Bay Marine Center MAGNOLIA Fred Meyer Fishermen’s Terminal

Leary Way

Port of Seattle

W Nickerson St INTERBAY FREMONT Tableau Software

15th Ave W

Seattle Pacific University Google

Aurora Bridge QUEEN ANNE Adobe ©Aerolistphoto.com2 EXCLUSIVE OFFERING • SALMON BAY WATERWAY Shilshole Bay Shilshole Bay Marina CROWN HILL GREENWOOD THE OFFERING BALLARD CBRE, as exclusive advisor, is pleased to offer the Salmon Bay waterway site, a 9.11 gross acre site with approximately 7.67 acres Ballard Locks of Upland and approximately 1.44 acres submerged. Located south of Ballard, west of Fremont and north of Queen Anne, the property sits PHINNEY RIDGE in one of only two designated manufacturing and industrial centers within the city of Seattle, and is uniquely zoned for marine oriented 15th Ave NW Ballard Blocks industrial use. The site’s proximity to Salmon Bay and some of the area port facilities, as well as the location directly east of the Ballard Salmon Bay Locks differentiates it from some of the older industrial/manufacturing properties in the immediate area, and make it a prime opportunity Salmon Bay Marine Center for an owner-user looking for a waterfront expansion. The overall neighborhood and surrounding areas continues to move away from MAGNOLIA Fred Meyer industrial and manufacturing as existing improvements age. The Fishermen’s Terminal Ballard Bridge property is ripe for redevelopment of a higher and better use.

Leary Way

Investment Highlights Port of Seattle • Large, 9.11 acre industrial parcel, unprecedented within Seattle city limits

W Nickerson St • Unique waterfront location with fresh water moorage and easy access to the Ballard Locks INTERBAY FREMONT • Proximity to Ballard, Queen Anne and Seattle Pacific University, Tableau Software offering access to a diverse, populated area with many amenities and potential up and coming uses 15th Ave W

Seattle Pacific University Google

Aurora Bridge Fremont Bridge QUEEN ANNE Adobe 3 PROPERTY DESCRIPTION Situated between neighborhoods of Queen Anne, Magnolia, Ballard and Fremont, the Salmon Bay Waterway site currently houses two buildings totaling approximately Area leased 155,763 gross square feet—the 1100 Building, located at 1100 West Ewing Street, is rom Dept o approximately 105,540 sq. ft., while the 1120 building, located at 1120 West Ewing, Natural Resoures is approximately 50,223 sq. ft. Well located just east of the Ballard Locks along the Ship Canal Waterway (Salmon Bay), the site has approximately 900 lineal feet of water moorage, with submerged land extending approximately 60 feet from the upland area. The property offers excellent access to all parts of Seattle via 15th Avenue and West Nickerson Street; neighbors include Seattle Pacific University, Fisherman’s Terminal, Foss Maritime, Coastal Transport, and Trident Seafoods, with major tech tenants such as Adobe and Tableau located nearby. Building Building Property Overview B A TOTAL SITE AREA ±9.11 gross acres UPLAND AREA ±7.67 acres W Ewing St

SUBMERGED AREA ±1.44 acres W Ae 1th ZONING IG1 U/45 (General Industrial 1), City of Seattle PARCEL 766620-0070 STATE HARBOR LINE ±900 feet; additional 19,290 SF leased from Department of W Nicerson S Natural Resources t

BUILDING A BUILDING B ADDRESS 1100 W Ewing Street, Seattle, WA 98119 ADDRESS 1120 W Ewing Street, Seattle, WA 98119 AREA ±105,540 SF AREA ±50,223 SF FOOTPRINT ±67,473 SF YEAR BUILT 1957 2ND FLOOR MEZZANINE ±38,100 SF CONSTRUCTION Masonry YEAR BUILT 1978 CONSTRUCTION Masonry

4 EXCLUSIVE OFFERING • SALMON BAY WATERWAY NEARBY RETAIL 45. The Blue Heron NOTABLE INDUSTRIAL AMENITIES 46. Sunny Teriyaki AND MARITIME 1. Market Arms 47. Caffe Appassionato OCCUPIERS 2. Hazlewood 48. Fishermen’s Terminal 1. Ballard Oil 3. India Bistro 49. La Palma Mexican 2. Stimson Marina Restaurant 4. The Matador 3. Trident Seafoods 50. Denali Fitness 5. Sunset Tavern 4. Ballard Mill Marina 51. Einstein Bros. 6. Ballard Annex Oyster House 5. Kenco Construction 52. Subway 7. Volterra 6. Seattle Maritime 53. ARCO & ampm Academy 8. El Borracho 54. QFC 7. Kvichak Marine 9. Kickin’ Boot Whiskey Kitchen 55. 8. Lakeside Industries 10. Shiku Sushi 56. Yasuko’s Teriyaki 9. Miller & Miller Boatyard 11. Bastille 57. Byen Bakeri 10. North Pacific Seafood 12. Stoneburner 58. 7-Eleven 11. Northwestern Industries 13. King’s Hardware 59. Thai Fusion 12. Salmon Bay 14. Tractor Tavern 60. Mulleady’s Irish Pub Marine Center 15. Conor Byrne 61. Red Mill Burgers 13. Salmon Bay Marina 16. Bad Albert’s 62. Starbucks 14. Port of Seattle 17. Ballard Loft 63. 76 15. Coastal Transport 18. The Walrus and the 16. Foss Maritime Carpenter, Staple & Fancy 64. Zeek’s Pizza 65. Tully’s Coffee 19. Pono Ranch Restaurant & Bar BREWERS, 20. CorePower Yoga 66. Interbay Veterinary Care DISTILLERS AND 21. Mike’s Chili Parlor 67. Eat Thai Cuisine WINERIES 68. Interbay Athletic Complex 22. Ballard Blocks: Trader Joe’s, 1. Stoup Brewing Ross Dress For Less, LA 69. Nickerson Street Salon Fitness, 2. Reuben’s Brews 70. New China Express 23. Office Max 3. Lucky Envelope Brewing 71. Time 4 Pho 24. Cash & Carry 4. Populuxe Brewing 72. Epic Styles Salon 25. Big 5 Sporting Goods 5. NW Peaks Brewery 73. Americano Burgers 26. 7-Eleven 6. Peddler Brewing 74. Interbay Golf Center Company 27. Jack in the Box 75. 7. Fremont Brewing 28. Giddy Up Burgers 76. Alpine Hut 8. Maritime Pacific Brewing 29. Bevmo 77. Total Wine & More Company 30. Bourbon & Bones 78. Elliott Bay Animal 9. Old Ballard Liquor LEGEND 31. Fred Meyer Hospital Company Distillery Retail Amenities 32. Two Shoe BBQ 79. Whole Foods 10. Bad Jimmy’s Brewing Co. 33. Frelard Pizza Company 80. West Marine 11. Hale’s Ales Brewers, Distillers & Wineries 34. The George & Dragon 81. Subway 12. Outlander Brewery & Pub 35. Nectar 82. Magic Dragon 13. Fremont Mischief Notable Industrial & Maritime Occupiers 36. The Ballroom 83. Chevron Distillery 37. Revel 84. Brown Bear Car Wash Notable Office Occupiers 14. Urban Family 38. Fremont Studios 85. Staples Brewing Co. Multi-Use Trail 39. The High Dive 15. Figurehead Brewing 40. Red Star Taco Bar NOTABLE OFFICE On-Street Bike Lane or Sharrow OCCUPIERS 16. Rooftop Brewing 41. Blue C Sushi Company 42. PCC Natural Market 1. Google 17. Almquist Family Vintners 43. Blue Moon Burgers 2. Tableau Software 44. Teriyaki Bowl 3. Adobe 4. Expedia (future HQ)

LOCATION OVERVIEW Interbay completed in 2013 and sold to LaSalle Investment Management; Tehama Management Just south of the ship canal across the Ballard bridge lies Interbay. Traditionally an opened Jax on 3rd Avenue West in Lower Queen Anne in December of 2014; and industrial and shipping hub for the city, the neighborhood was upzoned within the past Goodman Real Estate opened The Flats at Interbay and Canvas in 2014, with plans for a 10 years to allow taller structures on non-residential land. While Interbay still maintains future development along 15th Avenue West underway. The melding of industrial, retail, it’s industrial and manufacturing heritage (the Port of Seattle Fisherman’s Terminal residential and a burgeoning tech industry, complemented by a unique start-up culture and BNSF Balmer Yard still call Interbay home), this up zoning has encouraged creative results in one of the most diverse markets in the entire region. space uses, transforming the neighborhood into a unique blend of tech, industrial and retail space. Since then, there has been a surge in activity across a broad range of Ballard uses. The Interbay Urban Center—a fully-leased 80,000 square foot development— Ballard is a microcosm of Pacific Northwest history, tradition and architecture. houses a number of urban lifestyle retail amenities, including Whole Foods, Petco Bordered by Puget Sound, Shilshole Bay and Salmon Bay, Ballard has a rich history and a NW Crossfit. Local technology firms such as F5 Networks and Big Fish Games filled with maritime connections. The neighborhood offers extraordinary views of Puget make their home in the submarket directly south, on the cusp of the neighborhood. Sound, and stands as a vibrant area of the city, heavily dotted with locally owned Additionally, the planned relocation of Expedia’s headquarters to the former Amgen boutique shops, pubs, restaurants, and waterfront parks including Golden Gardens Campus in 2018 marks a significant game change. According to a recent traffic study, Park. Originally home to mill workers, fishermen and boat builders—many of whom Interbay is already the third busiest north-south arterial in the city; King County Metro’s emigrated from Scandinavia, Ballard is home to the Nordic Heritage Museum and recent Rapid Ride service upgrade along 15th Avenue NW/Elliott Avenue has helped to celebrates with an annual Norwegian Constitution Day Parade. The original business alleviate that, but an influx of an extra 3,000+ employees to the area will likely have district along Ballard Avenue remains largely intact today and has been protected by a dramatic effect on transportation and growth. The area and the markets directly a Seattle City Ordinance as a Historic Landmark District. Its buildings are listed on the adjacent to it are prime locations for development and expansion. Apartment developers National Register of Historic Places. have thus far been answering that need. The Slate Apartments and Lofts were

7 Salmon Bay 1100–1120 West Ewing Street WATERWAY Seattle, WA 98119

For more John Gilliland John Sullivan information First Vice President Vice President CBRE, Inc. please +1 206 442 2745 +1 206 442 2744 1420 5th Avenue, Suite 1700 contact: [email protected] [email protected] Seattle, WA 98101

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. ejs 10-14-16