In the News

Washington State Employees Credit Union Occupies New Headquarters Building
October 10, 2009

The Washington State Employees Credit Union (WSECU) moved into its new headquarters building over the weekend. WSECU employees now occupy approximately 70,000 square feet of the building with an additional 50,000 square feet retained for expansion. The 123,570 square foot building is located near the edge of the Capitol Campus in Olympia, Washington.

A signature flagship branch, scheduled to open in mid-November, will anchor this environmentally sustainable campus. A new 469 stall parking garage, located on 10th Avenue between Adams and Jefferson Streets, serves the new six-story headquarters building.

The new state of the art facility allowed WSECU to upgrade its technology infrastructure, creating better security of member accounts and information. The building’s floor plan features a very efficient core housing elevators, building systems and restrooms, affording maximum flexibility and efficiency for the remainder of the floor layout.

The building’s exterior is designed with a combination of scale and detail that is sensitive to the mixed use and historic character of the neighborhood. The office building combined masonry with a glass curtain wall as well as a metal trellis with a canopy to cover the top-floor decks. The garage has a masonry base with the upper west, south and east walls featuring glass panels angled to look like cut crystal. Green screens and plantings line the garage’s south side.

The headquarters building is expected to achieve LEED Gold certification.


1200 12th Awarded GOLD LEED-EB O&M
July 7, 2009

The U.S. Green Building Council (USGBC) has awarded 1200 12th (formerly Amazon.com Building) with LEED GOLD certification in the Existing Building – Operations & Maintenance category (LEED-EB O&M). 1200 12th is the first building in Washington State awarded with Gold status in this category, and the first in Seattle to receive LEED-EB O&M certification.

Since Wright Runstad & Company’s management history began at 1200 12th in 1999, the staff has been striving toward high energy efficiency, waste reduction, water conservation, and many other facets of environmental stewardship. LEED GOLD is a measurable benchmark attributed to these ongoing efforts. Seeking out leading-edge technology, implementing innovative strategies, and continuing with frequent upgrades and ongoing maintenance allowed Wright Runstad & Company to achieve this recognition while still preserving the historic beauty of a prominent Seattle landmark.

Wright Runstad & Company is a leader in sustainable development and operations, with over 4 million square feet of developed and/or managed space that is LEED certified or pending certification.


Perkins Coie and Wright Runstad & Company Announce Major Lease Renewal in Signature Downtown Seattle Office Tower
July 22, 2009

Perkins Coie LLP, an international law firm with headquarters in Seattle, Wright Runstad & Company, one of the Pacific Northwest’s premier real estate development and operating companies, and Beacon Capital Partners, LLC, today announced the renewal of Perkins Coie’s lease at 1201 Third Avenue. The 55-story classically designed tower in the heart of Seattle’s central business district has been home to Perkins Coie since the building first opened in 1988.

At 269,000 square feet, Perkins Coie’s long-term lease commitment represents one of the Pacific Northwest’s largest commercial real estate transactions so far this year. Roughly equal in size to the space currently occupied by Perkins Coie, the lease includes a renovation and reconfiguration of the firm's space within the 1.1 million square-foot high-rise.

"It's a handsome building at a great location," said Nancy Williams, managing partner of the Perkins Seattle office. "For more than two decades, 1201 Third Avenue has provided us with an outstanding, flexible setting for our evolving practice needs. We have enjoyed a productive relationship with its owners and operators, and are pleased to continue the relationship for decades to come."

"Since 1912, Perkins Coie has been an active member of the Seattle business community. This agreement reinforces - in one of the best ways - our commitment to Seattle and the Pacific Northwest into the foreseeable future," noted Bob Giles, managing partner of the firm.

Greg Johnson, president of Wright Runstad & Company, said, "We're proud to continue our long-term relationship with Perkins Coie. It speaks volumes that one of FORTUNE magazine's '100 Best Companies to Work For' has surveyed the local commercial real estate market and chosen to keep its headquarters within the award-winning 1201 Third Avenue."

CB Richard Ellis represented Perkins Coie and Wright Runstad & Company represented the landlord in the transaction. Third and University Limited Partnership, a partnership between Wright Runstad & Company and an affiliate of Beacon Capital Partners, LLC, owns the building.

Formerly known as the Washington Mutual Tower, 1201 Third Avenue is one of the most sustainable large office buildings in Seattle. Offering a direct connection to the University Street Station on Sound Transit’s newly opened Link light-rail line and boasting an Energy Star rating of 96, 1201 Third Avenue is also currently under review for LEED certification in the existing building category.


City Center Plaza - Officially Opens
May 19, 2009

The 26-story, 574,970 square foot City Center Plaza officially opened on May 19, 2009 when Microsoft took occupancy of floors 2 through 9. The building’s office space is 100% leased to Microsoft and this was the first of their multi-phased moves into the building. City Center Plaza had a partial retail opening on December 1, 2008, when the premier El Gaucho restaurant opened to the public.

The building features a large, well appointed atrium style lobby that opens onto a two and a half acre urban landscaped plaza. The plaza, framed by City Center Plaza and City Center Bellevue, borders the Bellevue Transit Center and provides pedestrian connections to Skyline Tower and NE 4th and 108th to 110th Avenues mid-block.

The landscape design of the plaza offers both dense plantings surrounding private seating and expansive grass areas for a more open, community feel and use. A metal sculpture designed by Tilton Metalworks and a water feature will provide visual interest along the pedestrian walkways. The plaza also offers a vehicle path of travel for valet parking for El Goucho and a drop off point for the building.

In addition to the 16,342 square foot El Gaucho restaurant, there are three small retail spaces available in the building: 2,459 square feet in the lobby with plaza access, and 1,025 square feet on Level A, fronting 110th Avenue.


Ninth & Jefferson Building – Grand Opening
April 8, 2009

The Harborview Medical Center - Ninth & Jefferson Building celebrated its grand opening with a traditional ribbon cutting on April 8, 2009. Eileen Whalen, Executive Director, Harborview Medical Center gave the opening remarks. Other speakers at the event included Bill Fallon, M.D., Chair, Harborview Medical Center Board of Trustees, and Johnese Spisso, COO for UW Medicine. Dow Constantine, Chair of the King County Council, gave a special thanks to Wright Runstad & Company for helping complete the project on time and under budget. Guests were given the opportunity to tour several floors in the building and glimpse areas that will not be open to the public once the spaces are occupied.

The 14-story, 417,531 square foot building sits between Ninth and Terry Avenues and James and Jefferson Streets. The exterior of the building features a combination of classic “Harborview” brick at the base and granite columns at street level. A glass curtain wall along with metal panels, metal grilles and granite are woven together to enclose the tower. Specialty features and extra capacity built into the loading dock allows the dock to serve the entire Harborview Medical Center campus through a connection tunnel under Jefferson Street.

The front lobby entrance is located on Jefferson Street, facing west towards Ninth Avenue. The pedestrian scaled podium and the set back of the lobby are designed to respect and compliment the existing campus buildings. Retail spaces wrap around the building along Ninth Avenue and James Street and at the corner of Terry Avenue and Jefferson Street. A below grade parking garage provides 650 parking spaces serving the entire Harborview campus.

The Harborview Medical Center - Ninth & Jefferson Building provides state of the art labs for the King County Medical Examiner, Harborview Pathology Department, and the UW School of Medicine. It also houses the King County Superior Court Civil Commitment Court, Neurosurgery and Surgical Spine Clinics, UW Medicine Virology, and numerous other Harborview outpatient clinics, along with five floors of office space for various UW Medicine departments. Several other King County agencies will also occupy space in the building.

The granite floor of the building entry and lobby is the canvas of artist Robert Horner. He created a lunar calendar in inlaid travertine, quartzite and slate that maps the moon’s radiant movement for one complete revolution of the earth around the sun. The building lobby showcases the aerial scuplture Vereinigung by Connie Watts. This large suspended artwork features three animal figures: raven, bear, and wolf. The sculpture reflects the culture of Northwest Coast First Nations.


Energy Star
WR&C Management Portfolio receive Energy Star Ratings

The U.S. Environmental Protection Agency’s (EPA) Energy Star program offers a proven energy management strategy for new homes and commercial and industrial buildings. This voluntary program is designed to identify and promote energy-efficient products, equipment, and systems, in an effort to reduce greenhouse gas emissions. Using the tools and guidelines offered by Energy Star, building owners and operators can calculate a building’s energy performance and receive an Energy Star rating on a 1 – 100 scale. This program measures current energy performance, sets goals, tracks savings, and rewards improvements. For facilities that achieve a score of 75 or higher, an “Energy Star” is awarded indicating that they are among the top 25% of facilities in the country for energy performance.

1201 Third Avenue recently received an Energy Star certification from EPA. After an analysis of the building equipment and systems, the EPA scored the property 96 out of 100 possible points. This significant achievement is attributed to management’s proactive preventative and corrective maintenance standards and efficient lamp selection for the building.

Other buildings in our management portfolio with 2008 Energy Star ratings of 80 or higher include World Trade Center – North and Park Place at 83, Edna Lucille Goodrich Building at 87, King Street Center at 88, and Redmond City Hall at 91.