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The Challenge
• WTIA had ambition to purchase a building despite tough market dynamics.
•Very little product on the market, very expensive and increasing interest rates made the cost to borrow difficult.
Strategy
• We categorized all the buildings in their selective size and location premises.
• We cold called owners and gave them a price we knew would give owners a profit.
Results
• We found a building off market that could not be more ideal. The building was the right size, had amazing views of South Lake Union and plentiful parking.
•The building was centered right between Google, Facebook and Amazon- perfect for WTIA's mission to service the tech community.
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