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January 09, 2017

BECU buys 8 buildings at Gateway Corporate Center

Seattle, Wash. (January 9, 2017) - Boeing Employee Credit Union has purchased eight buildings next to their corporate headquarters at Gateway Corporate Center. Kidder Mathews commercial real estate brokers, Bill Frame and Richard Davidson, represented BECU in the transaction. The seller, a global investment manager, was represented by Andy Miller and Matt Wood, also with Kidder Mathews.

Gateway Corporate Center is an 11-building, Class A office and industrial park, which was developed in 1986. It is located at the junction between State Route 599 and Interstate-5.

BECU previously owned two buildings at Gateway Corporate Center, where they built their headquarters in 1990. With the purchase of eight additional buildings, totaling 376,432 square feet, at 12830-12886 Interurban Avenue S in Tukwila, Washington, the credit union has increased their holdings in the office park to 589,000 square feet, thus allowing for greater flexibility to grow.

About Kidder Mathews
Kidder Mathews is one of the largest independently owned commercial real estate firms on the West Coast, with over 600 real estate professionals and staff in 17 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, sustainability, and project and construction management services for all property types. The firm performs $4.7 billion in transactions, manages 40 million square feet of space, and conducts 1,300 appraisals annually. For more information, visit kiddermathews.com.

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