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Fourth & Blanchard 2101-2121 4th Ave 410,114 SF 51% Leased 4-Star Office Building Seattle, WA 98121 For Sale



Investment Highlights
- Trophy Tower Offered at a Discount
- Benefit from Smaller Tenancy
- Newly Completed Waterfront Redevelopment
- Diversified, Multi-Tenant Rent Roll Perfect for Seattle's Tenant Base
- Reenvison the Courtyard
Executive Summary
Totaling 410,114 rentable square feet and currently 51% leased to 50 tenants, Fourth & Blanchard is one of downtown Seattle’s iconic office towers. With an average suite size of 4,281 square feet, the Property is extremely well positioned to target the majority of the tenant base in downtown Seattle. Between January 2022 and April 2026, 86% of the
new office leases signed in downtown Seattle have been for 10,000 square feet or less. With a new reset basis, Fourth & Blanchard is well positioned to capitalize on these smaller, budget conscious office tenants looking for a landlord to handle construction management on their behalf.
Fourth & Blanchard represents a rare opportunity to acquire a high-quality office asset in the heart of downtown Seattle, one of the West Coast’s most dynamic and supply-constrained urban markets. Strategically located at the intersection of Fourth Avenue and Blanchard Street, the Property benefits from premier accessibility, immediate proximity to Seattle’s core employment base, and walkable access to the city’s most desirable retail, hospitality, and residential amenities.
The offering presents a compelling basis opportunity, allowing investors to acquire a high-quality asset at a significant discount to historical sales and to replacement cost. Through a combination of targeted capital improvements and leasing execution, an investor can capitalize on the current tenant demand and further elevate the Property’s market position.
Property Facts
Amenities
- Bus Line
- Property Manager on Site
- Shower Facilities
- Air Conditioning
- On-Site Security Staff
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
A-Alpha Bio leverages synthetic biology and machine learning to measure, discover, predict, and engineer protein-protein interactions. Their mission is to improve human health by unlocking the potential of protein-protein interactions. Their AlphaSeq + AlphaBind platforms generate and synthesize the high-resolution data needed to discover and optimize rare and effective antibodies, identify compatible protein pairs for molecular glues, and fuel machine-learning models to further accelerate the discovery and optimization of high-impact drugs. A-Alpha Bio was founded in 2017 as a spinout from the University of Washington’s Institute for Protein Design and Center for Synthetic Biology.
The name Baluster is meant to underscore the fact that we are, first and foremost, a professional service firm that supports the legal community. Originally founded as Sound Legal Copy, Inc., Baluster Discovery has supported the legal community of the Pacific Northwest for over fifteen years. Being an owner operated shop we take pride in the fact the owners are here on a daily basis working to ensure our customers’ complete satisfaction. We have the technology, the knowledge, and the flexibility to offer full service support for all of your hosted solutions, eDiscovery, and traditional discovery needs.
Bauer Moynihan & Johnson was founded in 1979 and has grown into a law firm focused on business, litigation, workers' compensation, and transportation matters. The firm also keeps a longstanding maritime and fisheries practice, with work spanning marine contracts, vessel-related transactions, insurance coverage, regulatory compliance, and related disputes. Bauer Moynihan & Johnson serves clients across commercial and industrial sectors through representation tied to employment claims, transportation issues, and complex business matters, reflecting a broad practice built around specialized industry knowledge.
Founded in 1994, Davis Law Group represents innocent victims who have suffered serious or life-changing injuries as the result of carelessness or negligence of another party and families who have suffered from the wrongful death of a loved one. The firm has been recognized as one of the highest-rated and most innovative personal injury law practices in the country. Davis Law Group has been named Best Injury Law Firm in Washington State by AI Legal Awards.
Dr. Wieder trained at the University of Washington School of Medicine and the University of Oregon. He has been in private practice for over 30 years and has a faculty appointment at the University of Washington in the Department of Psychology as an adjunct clinical instructor. In addition to conducting forensic evaluations and providing expert witness consultations in civil and criminal courts for legal proceedings focused on parenting, child custody and protection, and sexual deviancy, Dr. Wieder also maintains a psychotherapy practice for select clients who are seeking assistance in managing challenging life circumstances, such as relationship struggles, depression, and transition through major life change.
NV5 Global, Inc. is a technology-driven engineering and consulting company headquartered in Hollywood, Florida. Founded in 1949, the firm provides infrastructure, environmental, geospatial, utility, and building systems services to public and private sector clients. Its operations span North America, Europe, and Asia, with a network of more than 100 offices supporting projects in transportation, utilities, real estate development, and environmental management. NV5 delivers services that include design engineering, asset management, surveying, mapping, commissioning, conformity assessment, and data-driven geospatial analytics. The company’s work is organized across multiple technical disciplines, offering solutions for infrastructure resilience, sustainable building systems, and utility program support. NV5 serves federal, state, and local governments along with commercial and industrial clients. As a publicly traded firm, it operates under the ticker symbol NVEE.
Co-founded by Drs. John and Julie Schwartz Gottman, The Gottman Institute has two major functions: helping couples directly, and providing state-of-the-art training to mental health professionals and other health care providers. The Gottman Institute applies leading-edge research on marriage in a practical, down-to-earth therapy and trains therapists committed to helping couples. No other approach to couples education and therapy has relied on such intensive, detailed, and long-term scientific study of why marriages succeed or fail.
Tsai Law Company, PLLC is a Seattle-based family law firm. The company focuses on divorce, separation, child custody, child support, spousal maintenance, parenting plan disputes, and restraining order matters, with related work involving asset division and high-asset divorce cases. Tsai Law Company also provides representation in mediation, litigation, and appellate matters, reflecting a practice built around resolving family disputes across Washington State.
The accounting firm of Von Harten & Company, Inc. PS was established in the early 1940's and is located in downtown Seattle, Washington.The firm is well known for high quality tax and estate services and has significant experience with businesses in the construction, real estate, and service industries. They believe in the value of relationships & view every client relationship like a partnership. Von Harten & Co truly believes that success is a result of your success. They are committed to providing close, personal attention to every client. Von Harten & Co takes pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen. Their continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of a commitment to excellence.
The Department of Revenue is Washington state’s primary tax agency, nationally recognized for innovation and quality customer service. Revenue administers nearly 60 categories of taxes that help fund education, social services, health care, corrections, public safety, natural resource conservation and other important services Washington residents count on.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Administrative and Support Services | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Health Care and Social Assistance | - | - | Full Service | Aug 2020 | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | Full Service | Jan 2015 | |
|
Professional, Scientific, and Technical Services | - | - | Full Service | - | |
|
Public Administration | - | - | - | Feb 2024 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Rentable square feet: 7,516 Term is negotiable!
Rentable square feet: 21,037.
Rentable square feet: 1,507.
Rentable square feet: 3,315.
Rentable square feet: 8,483.
Rentable square feet: 21,026. Matterport Link: https://my.matterport.com/show/?m=mYWvsiTnJLq
Rentable square feet: 8,945.
Rentable square feet: 1,558.
Rentable square feet: 4,430.
Rentable square feet: 11,588.
Rentable square feet: 2,081.
- 7th Floor
- 3,066 SF
- Office
- -
- Now
Rentable square feet: 7,147
Rentable square feet: 1,588.
- 8th Floor
- 1,699 SF
- Office
- -
- Now
- 8th Floor
- 5,248 SF
- Office
- -
- Now
Rentable square feet: 5,499.
- 9th Floor
- 2,599 SF
- Office
- -
- Now
Rentable square feet: 5,204.
Rentable square feet: 2,567. Matterport Link: https://my.matterport.com/show/?m=fXYJaLajCpU
Rentable square feet: 3,438.
Rentable square feet: 16,929.
Rentable square feet: 1,385.
Rentable square feet: 3,262. Term is negotiable!
Rentable square feet: 1,439
Rentable square feet: 2,340. Matterport Link: https://my.matterport.com/show/?m=Wv74hUpu1p2
Rentable square feet: 4,298.
Rentable square feet: 1,956.
Rentable square feet: 3,508.
Rentable square feet: 6,931.
Rentable square feet: 5,647.
Rentable square feet: 2,610.
- 19th Floor
- 4,108 SF
- Office
- -
- Now
Rentable square feet: 3,620.
- 23rd Floor
- 2,610 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 7,516 SF | Office | Partial Build-Out | Now |
| 2nd Floor | 21,037 SF | Office | Partial Build-Out | Now |
| 3rd Floor | 1,507 SF | Office | Partial Build-Out | Now |
| 3rd Floor | 3,315 SF | Office | Partial Build-Out | Now |
| 3rd Floor | 8,483 SF | Office | Partial Build-Out | Now |
| 4th Floor | 21,026 SF | Office | Partial Build-Out | Now |
| 5th Floor | 8,945 SF | Office | Partial Build-Out | Now |
| 6th Floor | 1,558 SF | Office | Partial Build-Out | Now |
| 6th Floor | 4,430 SF | Office | Partial Build-Out | Now |
| 6th Floor | 11,588 SF | Office | Partial Build-Out | Now |
| 7th Floor | 2,081 SF | Office | Partial Build-Out | Now |
| 7th Floor | 3,066 SF | Office | - | Now |
| 7th Floor | 7,147 SF | Office | Partial Build-Out | Now |
| 8th Floor | 1,588 SF | Office | Partial Build-Out | Now |
| 8th Floor | 1,699 SF | Office | - | Now |
| 8th Floor | 5,248 SF | Office | - | Now |
| 8th Floor | 5,499 SF | Office | Partial Build-Out | Now |
| 9th Floor | 2,599 SF | Office | - | Now |
| 9th Floor | 5,204 SF | Office | Partial Build-Out | Now |
| 10th Floor | 2,567 SF | Office | Partial Build-Out | Now |
| 10th Floor | 3,438 SF | Office | Partial Build-Out | Now |
| 11th Floor | 16,929 SF | Office | Partial Build-Out | Now |
| 12th Floor | 1,385 SF | Office | Partial Build-Out | Now |
| 12th Floor | 3,262 SF | Office | Partial Build-Out | Now |
| 13th Floor | 1,439 SF | Office | Partial Build-Out | Now |
| 13th Floor | 2,340 SF | Office | Partial Build-Out | Now |
| 13th Floor | 4,298 SF | Office | Partial Build-Out | Now |
| 15th Floor | 1,956 SF | Office | Full Build-Out | Now |
| 15th Floor | 3,508 SF | Office | Partial Build-Out | Now |
| 15th Floor | 6,931 SF | Office | Partial Build-Out | Now |
| 17th Floor | 5,647 SF | Office | Partial Build-Out | Now |
| 18th Floor | 2,610 SF | Office | Partial Build-Out | Now |
| 19th Floor | 4,108 SF | Office | - | Now |
| 19th Floor | 3,620 SF | Office | Partial Build-Out | Now |
| 23rd Floor | 2,610 SF | Office | - | Now |
1st Floor
| Size |
| 7,516 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 21,037 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 1,507 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 3,315 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 8,483 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 21,026 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
5th Floor
| Size |
| 8,945 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
6th Floor
| Size |
| 1,558 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
6th Floor
| Size |
| 4,430 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
6th Floor
| Size |
| 11,588 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
7th Floor
| Size |
| 2,081 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
7th Floor
| Size |
| 3,066 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
7th Floor
| Size |
| 7,147 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
8th Floor
| Size |
| 1,588 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
8th Floor
| Size |
| 1,699 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
8th Floor
| Size |
| 5,248 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
8th Floor
| Size |
| 5,499 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
9th Floor
| Size |
| 2,599 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
9th Floor
| Size |
| 5,204 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
10th Floor
| Size |
| 2,567 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
10th Floor
| Size |
| 3,438 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
11th Floor
| Size |
| 16,929 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
12th Floor
| Size |
| 1,385 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
12th Floor
| Size |
| 3,262 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
13th Floor
| Size |
| 1,439 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
13th Floor
| Size |
| 2,340 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
13th Floor
| Size |
| 4,298 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
15th Floor
| Size |
| 1,956 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
15th Floor
| Size |
| 3,508 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
15th Floor
| Size |
| 6,931 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
17th Floor
| Size |
| 5,647 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
18th Floor
| Size |
| 2,610 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
19th Floor
| Size |
| 4,108 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
19th Floor
| Size |
| 3,620 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
23rd Floor
| Size |
| 2,610 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 7,516 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 7,516 Term is negotiable!
2nd Floor
| Size | 21,037 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 21,037.
3rd Floor
| Size | 1,507 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 1,507.
3rd Floor
| Size | 3,315 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 3,315.
3rd Floor
| Size | 8,483 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 8,483.
4th Floor
| Size | 21,026 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 21,026. Matterport Link: https://my.matterport.com/show/?m=mYWvsiTnJLq
5th Floor
| Size | 8,945 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 8,945.
6th Floor
| Size | 1,558 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 1,558.
6th Floor
| Size | 4,430 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 4,430.
6th Floor
| Size | 11,588 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 11,588.
7th Floor
| Size | 2,081 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 2,081.
7th Floor
| Size | 7,147 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 7,147
8th Floor
| Size | 1,588 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 1,588.
8th Floor
| Size | 5,499 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 5,499.
9th Floor
| Size | 5,204 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 5,204.
10th Floor
| Size | 2,567 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 2,567. Matterport Link: https://my.matterport.com/show/?m=fXYJaLajCpU
10th Floor
| Size | 3,438 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 3,438.
11th Floor
| Size | 16,929 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 16,929.
12th Floor
| Size | 1,385 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 1,385.
12th Floor
| Size | 3,262 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 3,262. Term is negotiable!
13th Floor
| Size | 1,439 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 1,439
13th Floor
| Size | 2,340 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 2,340. Matterport Link: https://my.matterport.com/show/?m=Wv74hUpu1p2
13th Floor
| Size | 4,298 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 4,298.
15th Floor
| Size | 1,956 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Rentable square feet: 1,956.
15th Floor
| Size | 3,508 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 3,508.
15th Floor
| Size | 6,931 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 6,931.
17th Floor
| Size | 5,647 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 5,647.
18th Floor
| Size | 2,610 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 2,610.
19th Floor
| Size | 3,620 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Rentable square feet: 3,620.
Property Taxes
| Parcel Number | 069400-0205 | Improvements Assessment | $24,529,000 |
| Land Assessment | $58,320,000 | Total Assessment | $82,849,000 |
