As part of a multi property real estate strategy, Heartland LLC and Washington Real Estate Advisors, worked closely with Saltchuk leadership to understand their vision for the future and to identify implications for a headquarters relocation decision. Heartland and WA-REA identified a range of potential relocation options that would fit Saltchuck’s current and future needs and leveraged recent experience with similar transactions to lead the lease negotiation process, resulting in the successful procurement of a 91,257 sf office space at the planned 450 Alaskan Way Building in Pioneer Square. The new office space will allow Saltchuk, the second largest private company in Washington, to consolidate its current operating companies under one roof and to grow its operations over the long-term. Heartland and WA-REA are continuing to support Saltchuk through the design and construction process.
Source: Puget Sound Business Journal