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5th and Roy Commercial Property
5th and Roy
5th and Roy
Seattle, WA
Leaseholds – Completion 2004


The redevelopment of the 5th and Roy Commercial Property included a complex long term lease structure with an A Rated tenant whereby a sub-lease was executed with Tower Records in 2004 with the expectation of becoming their flagship store. Significant leasehold improvements measuring over $1.5 million dollars were required by the tenant to satisfy the execution of the lease which included demolition, environmental abatement and seismic upgrades. The property sits superbly in historic lower Queen Anne.
 

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