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September 11, 2003

Some recent leases

Union Bank of California renewed its lease for 47,000 square feet of office space at the Union Bank of California Building in downtown Seattle. Investors assembled by Walton Street Capital of Chicago control that building.

The law firm of Lasher Holzapfel Sperry & Ebberson re-upped for 21,000 square feet of offices at Two Union Square, another downtown Seattle skyscraper. The Washington State Investment Board, which is a pension fund advised by Seattle-based Washington Holdings, owns Two Union.

Cushman & Wakefield brokers Mike Dash and Garth Olsen put those two deals together.

Louis Vuitton, which sells high-end leather products, renewed and enlarged its lease for first-floor space at Rainier Square in downtown Seattle. The lease, which runs to 2014, grew by 1,480 square feet to 3,270.

Louis Vuitton opened the store five years ago. The expansion will happen between next January and April. During that stretch, the store will move to a nearby temporary location in the Skinner Building formerly occupied by Mephisto. Unico Properties owns Rainier Square and the Skinner Building.

RAF Technology leased 10,000 square feet of offices on the third floor of the Unisea Building in Redmond's Willows area. The software company will move from about 6,000 square feet at 16650 N.E. 79th St.




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