Vulcan Real Estate

Transcript

Emily Kelly
Partner, Real Estate

Another project that has been incredibly meaningful to me and really satisfying to see come through development over the past five years is Vulcan's development of Four Towers in downtown Bellevue. So the 555 Tower is now the tallest high rise in Bellevue, and I can see it from our office looking across Lake Washington. We helped them lease the building to Amazon, all of the office space, right before the pandemic hit. It was before development started and there were a lot of really challenging provisions to work through, especially not knowing that we were about to enter a very unprecedented time in our history. It has been really satisfying to see those come to fruition.

I have also really enjoyed recently, as Vulcan's buildings in Bellevue have been occupied by the office user, we are now working with them to fill in the retail space on the ground level. We've been busy working with them on retail leasing and getting really interesting, fun retailers that are activating the space, making it a better product for the office users and helping them face challenges, certainly with retailers, especially with escalating construction costs, but we have had some really great successes of retailers that have gotten through that process and are now open for business.