Q2 2020

SEATTLE SKYLINE REVIEW Q2 2020 | SKYLINE REVIEW A floor-by-floor analysis of select high-rise buildings as of Jul 28, 2020.

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WEST MADISON U.S. BANK TWO UNION RUSSELL 1201 THIRD THE TOWER AT 818 CENTURY ONE UNION RAINIER 1111 SECOND & 8TH CENTRE CENTRE SQUARE INVESTMENTS CENTER AVENUE FOURTH & MADISON STEWART SQUARE SQUARE TOWER THIRD SENECA 2001 8th 505 Madison 1420 5th 601 Union 1301 2nd 1201 3rd 925 4th 818 Stewart 1501 4th 600 University 1301 5th 1111 3rd 1191 2nd Avenue Street Avenue Street Avenue Avenue Avenue Street Avenue Street Avenue Avenue Avenue 0 SF 67,178 SF 141,734 SF 148,014 SF 6,565 SF 139,664 SF 106,116 SF 15,077 SF 55,116 SF 101,722 SF 94,909 SF 64,489 SF 72,571 SF Available Available Available Available Available Available Available Available Available Available Available Available Available

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SAFECO COLUMBIA 901 FIFTH 800 FIFTH 999 WATERSHED 2+U 333 RAINIER DEXTER FEDERAL 400 PLAZA CENTER AVENUE AVENUE THIRD BUILDING DEXTER SQUARE YARD RESERVE WESTLAKE 1165 EASTLAKE 1001 4th 701 5th 901 Fifth 800 5th 999 3rd 900 N 1201 2nd 333 Dexter 1301-1333 700 Dexter 1015 2nd 400 Westlake AVENUE E Avenue Avenue Avenue Avenue Avenue 34th Street Avenue Avenue N 5th Avenue Avenue N Avenue Avenue 1165 Eastlake 116,352 SF 302,228 SF 74,136 SF 201,572 SF 175,261 SF 18,417 SF 0 SF 0 SF Q4 2019 Delivery Q4 2021 Delivery Q4 2020 Delivery Q1 2021 Delivery Avenue E Available Available Available Available Available Available Available Available 100% Preleased 0% Preleased 0% Preleased 0% Preleased Q1 2021 Delivery 607,283 SF 500,000 SF 170,500 SF 200,000 SF 100% Preleased Available Available Available Available 100,085 SF (Amazon Sublease) Available

LEGEND: Available (Direct) Available (Sublease) Occupied/Leased

COLLIERS INTERNATIONAL

Harrison St

5th Ave N

9th Ave N Dexter Ave N

Westlake Ave

Eastlake Ave E

Western Ave W 99 Fairview Ave N E John St John St 1st Ave N Broad St

Denny Way

Yale Ave

WestlakeAve

Warren Pl 20 22 23 25 26 E Olive Way SKYLINE REVIEW - MAP

1st Ave 5

8 Howell St

1 1 14 Battery St West 8th Wall St Western Ave

Stewart St Elliott Ave 4th Ave 6th Ave Olive Way 2 E Pike St 15 Virginia St

Boren Ave 3 U.S. Bank Centre 16 Pine St

Alaskan Way 4 Two 17 Pike St

5th Ave Russell Investments 18 3 5 999 Third 9 4 Center Madison St 21 10 8th Ave 19 2 + U 6 11 University St Union St 7th Ave 20 333 Dexter 5 The Tower at 2nd Ave 7 6 Fourth & Madison Seneca St 21 Rainier Square 19 12 2 14 8 13 16 818 Stewart 22 Watershed Building 17 6th Ave ELLIOT BAY Spring St 24 7 James St 18 9 15 Century Square 23 Dexter Yard

Columbia St Marion St 10 One Union Square 24 Federal Reserve 11

Broadway 25 400 Westlake 2nd Avenue Ext S Yesler Way E Yesler Way 12 1165 Eastlake

World of Colliers

26 Avenue E World of Colliers 13 Second & Seneca 2019 Year-End Stats 12th Ave S S Jackson St HERE, Esri 2019 Year-End Stats THE WORLD OF COLLIERS

Revenue Established in Transaction value Managing $3.5BRevenue Established68 in $129BTransaction value 2BManaging $3.5B(US$) 68countries $129B(US$) (square2B feet) (US$) countries (US$) (square feet)

Lease/sale transactions Assets Under Management Comprised of

Lease/sale70,000 transactions Assets$33B+ Under Management 18,000+Comprised of 70,000 $33B+ 18,000+professionals professionals

All statistics are for 2019, are in U.S. dollars and include aliates.

All statistics are for 2019, are in U.S. dollars and include aliates. RESEARCH: Jacob Pavlik Nicholas Carlsen Colliers International | Seattle Research Manager | Puget Sound & Portland Research Analyst | Seattle 601 Union St. Ste. 5300 Dir +1 503 499 0093 Dir +1 206 223 1440 Seattle, WA 98101 [email protected] [email protected] www.colliers.com/seattle

In the midst of the COVID-19 outbreak, information and data is emerging at a quick and uneven rate. The information contained herein has been obtained from sources deemed reliable at the time the report was written. While every reasonable effort has been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult their professional advisors prior to acting on any of the material contained in this report.