Colliers Western Region
Fourth & Blanchard

Fourth & Blanchard

2102-2121 4th Ave

Seattle, WA 98121

410,114 SF
Square Feet
50%
Occupancy
2.83 Years
WALT
25
Stories
1980
Year Built
Office
Property Type

Description

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 2101-2121 4th Avenue, also known as Fourth & Blanchard, in downtown Seattle, Washington (the “Property”). Totaling 410,114 rentable square feet and currently 50% 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.

Offering Summary
Asking PriceUnpriced
Property TypeOffice
Size410,114 SF
Occupancy50%
Built1980
Parking0.54/1,000 SF
Sale Details
Walt2.83 Years
Documents
Property Address
Property Details
Property TypeOffice
Occupancy50%
Year Built1980
Stories25
Parking Ratio0.54/1,000 SF
Total Parking221
TenancyMulti
ZoningDMC 240/290-440 DF
APN069400-0205-04
Ownership InterestFee Simple
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Deal Team

Sean Fulp
Sean Fulp
Vice Chair
CA RE Lic. 01389064
Mark Schuessler
Mark Schuessler
Executive Vice President
CA RE Lic. #02033871, NV RE Lic. 0187927
Todd Tydlaska
Todd Tydlaska
Executive Vice President
CA RE Lic. 01329711
Jordan Garcia
Jordan Garcia
Associate Vice President
CA RE Lic. 02090086