Vulcan Real Estate

2018 Annual Highlights

Project Completions

Batik

195 rental units including 20% affordable housing in Yesler – reached stabilized occupancy in 10 months

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Orion

129 rental units including 20% affordable housing in South Lake Union

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Sitka

384 rental units including 20% affordable housing in South Lake Union

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Groundbreakings

Jackson Apartments

532 units including 20% affordable housing and 40k SF of retail space

Gardner House and Allen Family Center

In partnership with the City of Seattle, Mercy Housing, and Paul G. Allen Philanthropies

Leases

325,000 SF build-to-suit + 18,475 SF retail leases signed

520 Westlake

325k SF build-to-suit lease signed with Google

Café Hagen

Kaiser Permanente

Tougo Coffee Co

Flatstick Pub

Awards and Recognition

NAIOP Washington Hall of Fame Inductee: Ada M. Healey

NAIOP Night of the Stars Multi-Family Residential Development of the Year: Batik

Commercial Property Executive Distinguished Achievement Gold Award for Best Development: Batik

Sustainability

LEED Certifications

LEED for Homes Platinum: Batik

LEED New Construction Silver: Flying Heritage Collection Hangar 3

Community Impact

Image of Band Performing at 2018 SLU Block Party

14^th annual South Lake Union Block party with 15,000 guests and $25,000 raised for Plymouth Housing

Installation of Maya, artwork by Saya Moriyasu, at Batik in Yesler

Partnership with Urban League to provide underrepresented communities and those from distressed zip codes with construction training on active jobsites

Acquisitions and Dispositions

Dispositions

Willows Run Office sale for $8.2 million