Image of Allen Institute

2016 Annual Highlights

Rendering of Arbor Blocks
388,000 SF of office and retail space
Rendering of Batik Community Room
195 residential units
Rendering of Sitka Courtyard
384 residential units


1 million of build-to-suit leases signed
Rendering of Arbor Blocks
384,000 SF for Facebook at Arbor Blocks
Rendering of Lakefront Blocks
600,000 SF for Google at Lakefront Blocks

Awards and Recognition
Image of Allen Institute
Gold Nugget Grand Award Winner On the Boards Multi-family: Sitka

NAIOP Night of the Stars Technology/Life Science Development of the Year: Allen Institute

American Institute for Architects Transformative Design for Research: Allen Institute

Northwest Wall & Ceiling Bureau: Ford McKay and Pacific McKay Restoration and Renovation

Masonry Institute of Washington: Ford McKay and Pacific McKay Restoration and Renovation

Washington Chapter American Society of Landscape Architects: Amazon Phase VI

RE Forum Cinderella Story: Allen Institute

RE Forum Women of Influence: Sharon Coleman


Salmon-Safe Certification: Batik and Sitka

Acquisitions and Dispositions
Image of Amazon 7


$357 million in acquisitions including the Redbury Hotel LA and 12 acres of urban land for future development in the greater Seattle market


Sale of $827 million in Assets:

— Amazon VIII sale to Mirae Asset Global Investments for $247 million

— Amazon VII sale to Tristar Capital and RFR Holding for $244 million

— 2200 Westlake retail portion sale to Weingarten Realty Investors for $73 million

— UW Medicine Phase 1 and 2 ground lease sale to The Shidler Group for $134 million

— Alley24 office building sale to MetLife for $129 million

Community Impact
Aerial Image of 2016 South Lake Union Block Party

Held 12th annual South Lake Union Block Party with more than 13,000 attendees and 70+ local businesses

Founding member of the Cascade Playground Activation Committee. Received a $46,000 grant to bring community-oriented programming to the park.

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