A tucked-away, old warehouse could indeed be the embodiment of a maverick new brand.
Transaction Details
Client: Teledesic
Size: 20,000 - 120,000 SF
Space Type: Office
Sector: Corporate
Service Line: Brokerage
Keywords: Tech, Headquarters
Total Client Transactions: 2
Detailed Expertise
- Tenant representation
- Strategic site search and selection
- Accelerated permitting, design and construction
Challenge
Teledesic’s leadership was determined that the company would go where no telecom company had gone before — and they wanted office space to reflect the same spirit. The firm’s non-negotiable requirements were clear: they wanted state-of-the-art, but they also wanted funk. They wanted to be near downtown Bellevue, but nixed traditional space. At that point, Teledesic was a 10,000 SF start-up telecommunications company, but growth projections called for adding 70,000 SF of space within 12 months. It was a tight time frame for an assignment with a unique set of requirements.
Solution
Kinzer instinctively knew that converting something that wasn’t available into something else altogether was the only way to meet Teledesic’s unique needs. The creative solution was adaptive reuse at its best: an empty warehouse in Bellevue’s clandestine industrial district had the right space, raw architectural bones, and urban location. Better yet, it was available at a warehouse price, and the owner was open to an extremely flexible lease and tenant improvement plan in return for a long-term commitment.
