Seattle-based Bridge33 Capital has acquired Oakesdale Center
Seattle-based Bridge33 Capital has acquired Oakesdale Center in Renton, Washington
RENTON, WA – March 3, 2021 – Seattle-based Bridge33 Capital has acquired Oakesdale Center in Renton.
Located at 600 Oakesdale Avenue SW on the corner of SW 7th Street, the office park is well-positioned and less than a 20-minute drive from downtown Seattle, Bellevue, and the Seattle-Tacoma International Airport. At sale, the 4-building collection of 126,758 square feet was 77% leased.
Andy Chien, Managing Principal and Co-Founder of Bridge33 Capital, said: “Benefitting from the South End’s accessibility and favorable economics, Oakesdale Center will attract and retain tenants looking for alternatives from expensive downtown offices. Our team is excited to begin leasing the existing vacancy and continue providing highquality experiences for our tenants.”
About Bridge33 Capital LLC
Based in Seattle, Bridge33 Capital LLC is a vertically integrated real estate company focused on value-add investments. Since 2013, Bridge33 has acquired approximately 5 million square feet of retail and office properties in 18 states and has approximately $575 million in assets under management. www.bridge33capital.com