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Investment Highlights
- Stunning, rehabilitated building across from the Pike Place Market
- Brick and timber interiors and open office layout
- Opportunity for owner/user, investor, tenant or developer
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
- Fiber Optic Internet
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Design Within Reach is a retailer specializing in modern furniture and home accessories, offering products from iconic designers and contemporary brands. The company provides a curated selection of furnishings, including seating, tables, lighting, outdoor pieces, and décor items, available through its website, catalogs, and studio locations. Design Within Reach emphasizes accessibility to authentic modern design, featuring works by renowned designers such as Charles and Ray Eames, Mies van der Rohe, and Philippe Starck. The brand serves both residential and commercial clients, delivering solutions that combine functionality with aesthetic appeal. Operating as a privately held company under the Herman Miller brand portfolio, Design Within Reach has established itself as a leading source for high-quality, design-driven furniture in the U.S. market.
It’s a belief and a mantra, all in one. User testing and feedback is an integral part of our process. The user will have their say one way or another. We think it should be as early as possible.
na
Pacific Urban Investors is a privately held multifamily owner, operator, and investment manager headquartered in Palo Alto, California. Founded in 1998 by multifamily veteran Alfred Pace and George Marcus, the firm is a subsidiary of Marcus & Millichap Companies. The company operates a diversified national portfolio spanning 15 states and 20 major markets with more than 23,500 apartment homes valued at approximately $9.3 billion. Pacific Urban employs a research-driven investment strategy focused on acquiring, owning, and operating apartment communities across the yield spectrum, including core, vintage core, value-add, and development strategies through affiliates. The firm maintains local offices in Palo Alto, Los Angeles, Irvine, Washington, Texas, and New York, enabling hands-on asset management through regional teams. Pacific Urban targets high-barrier-to-entry urban and suburban markets, with recent expansion activity concentrated on the East Coast including the New York Metro, Boston, Mid-Atlantic, and Southeast regions. The firm ranked first in the nation in GRESB for two consecutive years (2021-2022), reflecting its focus on environmental, social, and governance performance. Through its Pacific Cares program, the company supports local and national non-profit efforts in communities where it operates.
- Rider Hunt Levett & Bailey
- Public Administration
- -
- -
- -
- -
- Tetra AI
- -
- -
- -
- Triple Net
- Mar 2025
- Uptake Medical Corp
- Health Care and Social Assistance
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
| MD Clarity | Professional, Scientific, and Technical Services | - | - | Triple Net | May 2023 | |
|
Real Estate | - | - | Triple Net | - | |
| Rider Hunt Levett & Bailey | Public Administration | - | - | - | - | |
| Tetra AI | - | - | - | Triple Net | Mar 2025 | |
| Uptake Medical Corp | Health Care and Social Assistance | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
2nd floor office space located on 1st Ave across from the Pike Place Market. Exclusive full-floor suite includes reception desk, conference room, private offices, open work areas, kitchenette, two bathrooms, 11 ft. ceilings throughout and great natural light. Exposed brick, rustic beams, unique metal pillars, natural timber columns, recently renovated. Fully renovated building includes secured key fob access, HVAC, high speed fiber, modern MEP, life safety systems and elevator.
Incredible office space just blocks from Pike Place Market. Open office concept on the main floor, with an addition 2 private offices on main floor + two more on top floor. Private enclosed patio space on the main floor, with an additional private balcony on the top floor, shared by two private offices. Office also includes small kitchenette and bathrooms. Secure access building with secure elevator access.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 2,860 SF | Office | Partial Build-Out | 30 Days |
| 4th Fl-Ste 450 | 1,653 SF | Office | Partial Build-Out | Now |
2nd Floor
| Size |
| 2,860 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| 30 Days |
4th Fl-Ste 450
| Size |
| 1,653 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size | 2,860 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | 30 Days |
2nd floor office space located on 1st Ave across from the Pike Place Market. Exclusive full-floor suite includes reception desk, conference room, private offices, open work areas, kitchenette, two bathrooms, 11 ft. ceilings throughout and great natural light. Exposed brick, rustic beams, unique metal pillars, natural timber columns, recently renovated. Fully renovated building includes secured key fob access, HVAC, high speed fiber, modern MEP, life safety systems and elevator.
4th Fl-Ste 450
| Size | 1,653 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Incredible office space just blocks from Pike Place Market. Open office concept on the main floor, with an addition 2 private offices on main floor + two more on top floor. Private enclosed patio space on the main floor, with an additional private balcony on the top floor, shared by two private offices. Office also includes small kitchenette and bathrooms. Secure access building with secure elevator access.
Property Taxes
| Parcel Number | 197720-0935 | Improvements Assessment | $1,240,100 |
| Land Assessment | $2,231,100 | Total Assessment | $3,471,200 |
Property Taxes
Presented by
1924 1st Ave
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