The newly rebuilt First Hill Medical Pavilion is being offered in a submarket, the First Hill area, with a Class A MOB vacancy rate of 0.39 percent.
Photo courtesy of CBRE
Newly rebuilt MOB in Seattle’s First Hill submarket is 100 percent occupied
Name: First Hill Medical Pavilion
Address, City: 1124 Columbia St., Seattle
Year completed: 2015
Total leasable space: 227,628
Occupancy: 100%
Parking spaces: 415
Originally built: 1975
Rebuilt, expanded: 2015
Largest tenant: Swedish Medical Center
Seller: Trammell Crow Company
Brokerage: CBRE Group Inc.
Brokers: Chris Bodnar, Lee Asher, Kevin Shannon
Demand for Class A medical office space in the First Hill section of Seattle has – to state the obvious – skyrocketed in just the past year or so.
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