American Assets Trust, Inc. Acquires Corporate Campus East III in Bellevue, Washington
Corporate Campus East III is currently approximately 86% leased to a diversified tenant base with contractual lease rates that the Company views as below prevailing market rates for the submarket.
The four-building property features a campus-setting in a natural landscape with immediate highway access and a diverse rent roll of financial service institutions and professional service companies. The property has undergone recent renovations to its common areas, lobbies, onsite café and entry areas, with an opportunity to add further amenities comparable or superior to competing office projects.
The purchase price of approximately
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Executive Vice President and Chief Financial Officer
Source: American Assets Trust, Inc.