News
After an Extensive West Coast Search, Marvell has Chosen South Hill for its Archive Computing and Disaster Recovery Requirements.
Marvell Moves into Benaroya's South Hill Data Center in the Seattle Area
Semiconductor designer Marvell has taken space at Benaroya's recently finished South Hill data center campus in Puyallup, Washington (south of Seattle).
This is the first publicly disclosed tenant at the facility, completed in July. The companies did not specify how much space or power Marvell contracted for, but said the tenant would use it to house both active and disaster-recovery infrastructure.
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Lee Technologies manages many of the world’s largest data centers, including LEED-certified data centers.
Benaroya Selects Lee Technologies to Operate South Hill Data Center Facility
Lee Technologies, a Schneider Electric company and complete data center solutions provider, announces it
has been awarded a two-year contract by BCC Puyallup LLC, a regional data center
owner and operator consisting of a collaboration among The Benaroya Company, Real
Property Investors LLC and O’Keefe companies to operate and maintain the newly
completed 300,000-square-foot, enterprise-focused South Hill Data Center facility in
Puyallup, Wash.
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The Benaroya Company partners with Real Property Investors and O’Keefe companies to acquire and develop data centers
Data Center Firms Benaroya, McKernan and O'Keefe Form Alliance
Data center operators The Benaroya Company (www.benaroya.com), Real Property Investors and O’Keefe companies announced on Tuesday they have formed a new partnership to acquire, develop and operate data centers.
The move comes just a few weeks after Benaroya Company acquired from HP a 60,252 square foot data center in Boise, Idaho.
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Former HP Facility Delivers Immediate Plug & Play Capacity to the Market
The Benaroya Company Acquires Boise Data Center
The Benaroya Company, which owns and operates the LEED Gold Certified South Hill Data Center, today announced its purchase of the 60,252 square foot Boise Data Center. The data center had been operated by Hewlett Packard as one of their key national data centers, HP sold the facility as part of its worldwide data center consolidation.
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South Hill Data Center’s in-place scalability is unmatched in other facilities
A New Data Center That Will Hit Your Sweet Spot
The decision to buy, build or lease a data center is a daunting challenge that requires a unique combination of
financial, IT and real estate skills and resources. You always begin by looking hard for fatal flaws. A lack of reasonably priced power, adequate water supply, or quality fiber provider should disqualify a potential data center or data center site from consideration.
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Fiber-based Level 3 Communications has extended its network infrastructure to the South Hill Data Center
Level 3 Communications Extends Network to Seattle Data Center
Fiber-based communications services provider Level 3 Communications (www.level3.com) announced on Wednesday that it has extended its network infrastructure in Seattle with a link to the South Hill Data Center (www.southhilldatacenter.com).
This move comes over a month after Level 3 announced it will acquire Global Crossing (www.globalcrossing.com) in a deal valued at $3 billion.
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New West Coast Facility Delivers High Capacity and Exceptional Cost Savings
South Hill Data Center Earns LEED Gold
The newly completed South Hill North Data Center in Puyallup, Washington has earned Gold-level certification under the LEED ( Leadership in Energy and Environmental Design) program for energy efficient buildings, the project’s developer said this week. The Benaroya Company developed the South Hill facility, which features 56,605 square feet of raised floor space and electricity powered by hydroelectric and wind sources.
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Seattle Area's new, high-capacity next generation South Hill North Data Center received NAIOP Technology Development of the Year Award.
Data Center Offers Sustainable Power, Wins Award
The Seattle area's new high-capacity next generation South Hill North Data Center in Puyallup, Wash., has received the Technology Development of the year Award from NAIOP, the Commercial Real Estate Development Assn. The Benaroya Co., which developed and owns the facility, was presented the award at the industry's Washington Chapter Night of the Stars Gala on Nov. 5. South Hill Data Center was recognized for excellence in its outstanding design, quality product, sustainability, and other market criteria. Other technology properties nominated included Microsoft's Studios West Campus.
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Next Generation Data Center Leverages Green Technology for Exceptional Cost Savings
First Phase of Benaroya's South Hill Data Center Opens for Occupancy
The Benaroya Company, a full-service commercial real estate company, is in the final commissioning stages of the South Hill Business and Technology Center in South Hill, WA, which it anticipates to be fully operational and ready for occupancy in the next two weeks. Its first phase is currently available for immediate occupancy.
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South Hill Business & Technology Center North Data Center
New Seattle-Area Data Center to Bring Much-Needed Computing Capacity to the Market
Pent-up global demand for massive cloud-computing speed and capacity is powering the construction of colossal new data centers, but most are a year or more away from being operational. South Hill Business and Technology Center, a project of The Benaroya Company along with its hand-picked team of gold-standard experts, is in the final stages of commissioning and will be fully operational and ready for occupancy in the next two weeks.
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South Hill Business & Technology Center
Benaroya turns Puyallup chip plant into tech park
Seattle-based Benaroya Cos. has become something of an expert in finding new purposes for the vacant microchip manufacturing plants
sprinkled across the Northwest.
After selling plants in Idaho and Oregon to a school district and a German solar panel maker, Benaroya is now sprucing up a Puyallup plant
that's been vacant for nearly a decade. The project is of keen interest to the city of Puyallup, which is hoping Benaroya will be able to bring
in new businesses that will provide the city with more jobs and tax revenue.
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South Hill Business& Technology Center
Puyallup Leads in LEED Development Projects
“The major institutions in the community reflect the desire of the citizens we serve to
do better, and set good examples and show people it can be done,” Puyallup City
Manager Gary McLean, said. “There are good choices you can make for the
environment and you can do them economically.”
The city is not requiring businesses to get LEED certified or use green products,
however, it is just encourages them through its own practices and creation of a $40
million city hall that has a high environment-friendly, LEED Gold rating.
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We are thrilled to partner with Group Health in the building of their innovative new Medical Center on our 92-acre South Hill campus
Group Health Breaks Ground on New Medical Center at Benaroya's South Hill Business and Technology Center Revolutionary Designed Facility Will Be First Of Its Kind In U.S.
The Benaroya Company announced today construction will begin by November 1st on Group Health Cooperative's new Puyallup Medical Center at its South Hill Business and Technology Center. The facility is being designed and built by Seattle-based CollinsWoerman and GLY Construction in close collaboration with Group Health.
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South Hill Business & Technology Center
City of Puyallup Excited to Receive Lift Grant
Earlier this week, the City of Puyallup was humbled and excited to receive wonderful news from the state’s Community Economic Revitalization Board (CERB).
After a
lengthy and very competitive process, CERB decided to award a local infrastructure
funding grant (LIFT) to the City of Puyallup, amounting to $1 million per year for 25
years. The award is based on a plan to connect Puyallup’s two job centers – South
Hill and Downtown Puyallup – with improved transit connection options, trail system
improvements, telecommunication/fiber-optic upgrades, and other infrastructure items– all in an effort to create jobs within the City.
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Westwood Shipping Lines has relocated its new corporate headquarters from the Weyerhauser complex in Federal Way to Benaroya’s 92-Acre South Hill Business and Technology Center
Westwood Shipping Lines Moving New Corporate Headquarters to South Hill Business and Technology Center
Another Weyerhaeuser subsidiary has been sold, and this time Puyallup landed the new corporate headquarters.
Westwood Shipping Lines, part of Federal Way’s Weyerhaeuser for more than 100 years, will be owned by Japan’s J-WesCo, effective Aug. 31. J-WesCo is a holding company formed by a consortium of Japanese stevedore companies, Westwood said in a Web posting last month announcing the sale.
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South Hill Business & Technology Center West Building
Parametrix Moving to South Hill Business and Technology Center
Benaroya’s 92 Acre Puyallup Campus will be home to Parametrix.
Parametrix announced today it will relocate the employee-owners from the Sumner offices to the South Hill Business and Technology Center in Puyallup.
Parametrix will occupy 37,000 square feet in the West building. The Benaroya Company is finishing a complete renovation of the building and is targeting LEED Gold certification. The move is scheduled for December 2010, and will be home to more than 110 Parametrix employee-owners. Parametrix will be moving from two separate buildings in downtown Sumner. “Our Sumner offices have almost doubled over the past decade, and we are eager to bring our team back together in one building and have space for growth,” said Office Principal, Dan McReynolds.
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Welcome to TechDwellers: An inside look at Seattle’s newest tech incubator
There’s a Les Schwab tire shop across the street. A flower distribution warehouse around the corner. And a distributor of hydraulic fittings and hose next door. Welcome to Georgetown, the hip neighborhood for tech startups?
Located about 10 minutes south of downtown Seattle, the industrial neighborhood best known for the old Rainier brewery and Boeing Field isn’t the first place that comes to mind when you think of Seattle’s burgeoning tech industry
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The acquisition comes on the heels of Swype’s $6 million round in July, with participation from Ignition Partners, Samsung Ventures, Nokia Growth Partners, Benaroya Capital, and DoCoMo Capital
Nuance acquires Swype for $102.5M
The deal could bring Swipe's patented swipe-texing solution to iPhones.
Texting on a touchscreen is quite the pain in the ass for the fat-fingered and the uncoordinated, which is why texting solutions like the one offered by Swype are such a God send. And it looks like Nuance has taken notice: the company has acquired Swype for $102.5 million, with $77.5 million paid up front and the remaining $25 million to be paid on the 18 month anniversary of the acquisition.
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Sparkbuy raised about $1 million from Benaroya Capital, Founder’s Co-op and angel investors
Google buys Sparkbuy, a search engine
for consumer electronics
Well, that sure was quick. Sparkbuy, the Seattle upstart led by entrepreneur Dan Shapiro, announced today that it has been acquired by Google in a deal of undisclosed size. The news comes just a little more than a month after Shapiro unveiled Sparkbuy, an online service that allows users to compare the prices and features of various electronics gadgets. (TVs, laptops, etc.).
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The Benaroya Company is Moving Its Headquarters to Bellevue
The Benaroya Company announced today that after more than fifty years in Seattle it is moving its headquarters to Bellevue on August 1st. Benaroya will be occupying 8,300 square feet in its I-90 Center South office building located at 3600 136th Place SE in Bellevue. For the past seven years, The Benaroya Company has been headquartered in Seattle's Metropolitan Park West, a 3-tower office complex which it sold in October 2005 to Chicago-based Walton Street Capital.
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Larry Benaroya Inducted into Commercial Real Estate Hall of Fame
On November 6th, 2009, at its annual Night of the Stars Dinner, commercial real estate executive Larry Benaroya was inducted into the highly distinguished NAIOP-Washington State Hall of Fame. Larry was honored for his longtime contribution of vision, leadership and achievement in the Pacific Northwest commercial real estate industry.
The Commercial Real Estate Hall of Fame was created over a decade ago to recognize the people who laid the groundwork for the industry today and have helped shaped the character of the region and the great cities in Washington. Larry’s father, Jack Benaroya was among the first inductees, receiving this prestigious award in 1995.
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Pacific Market Center Adds Sixteen New and Expanded Showrooms for Winter Market
SEATTLE - Pacific Market Center here has announced sixteen new and expanded showrooms opening in time for the winter market starting today and running until Feb. 8.
"We are really excited about the expansion of our showroom," said Tim Creveling, owner.
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Jim Sinegal Returns to the Pacific Market Center as Featured Guest Speaker
Costco’s CEO part of 2009 Winter Gift & Home Accessories Show
Pacific Market Center, the leading permanent wholesale market on the west coast, announces Jim Sinegal, co-founder and chief executive officer of retail giant Costco Wholesale Corporation, as part of the speaker line-up at the 2009 Winter Gift & Home Accessories Show. On Friday January 23rd, 2009 Sinegal’s educational seminar titled ‘Inside Costco and the New World of Retail’, will discuss how Costco has changed the face of retail and exceeded sales expectations while keeping employees and customers satisfied.
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Amazon.com's Vice President to Discuss Top Trends and Innovations at Pacific Market Center
Amazon Vice President a featured speaker at 2009 Winter Gift & Home Accessories Show
Pacific Market Center, the leading permanent wholesale market on the west coast, announces Chris Nielsen, Vice President of Amazon.com’s Home & Garden store, as part of the speaker line-up at the 2009 Seattle Market Week: Winter Gift & Home Accessories Show.
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Benaroya Goes Shopping for Queen Anne Property
Benaroya Cos. has paid $28 million for the Marketplace at Queen Anne in Seattle.
Built in 1994, the two-story shopping complex occupies a full block just north of Seattle Center. Anchor tenants include Metropolitan
Market and Bartell Drugs. The 1.4-acre property is bordered by First Avenue North, Roy Street, Warren Avenue North and Mercer Street.
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Benaroya Companys Sells Four of Seven Buildings in Everett
The Benaroya Company announced today the sale of four of the seven office buildings in Park Place Plaza, in Everett, Washington located at 111 S.E. Everett Mall Way. The Benaroya Company purchased Park Place Plaza in January 2008.
The four buildings in Park Place Plaza, ranging in size from 3,650 square feet to 7,225 square feet, were sold as separate parcels to individual owner users and an investor and ranged in price from $680,000 to $1.5 million. Occupants of the building include AK Dental, MILAD LLC, NW Staffing, and a private investor. The Benaroya Company is one of the few companies to provide seller financing perfect for those looking for 1031 tax deferred exchange opportunities in an uncertain economy where financing can often be difficult to obtain.
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Benaroya Company Acquires Park Place Office Complex in Everett
The Benaroya Company announced today the acquisition of Park Place Plaza, a seven building office park in Everett, Washington located at 111 S.E. Everett Mall Way, from Winward Shopping Center, a Hawaii General Partnership.
The buildings total 37,104 square feet and Benaroya plans to market the property as seven separate parcels for sale to individual owners. “We are delighted to have acquired this wonderful and unique office park,” said Larry Benaroya, principal, The Benaroya Company. “This is truly a great opportunity for businesses to own a 5,000 +/- square foot office building and control their operating costs into the future. The location and proximity to the burgeoning amenities in Everett really has great appeal.”
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Holmes Electric Moves to New Headquarters
Construction Complete on New Holmes Electric
Headquarters in Kent, Washington
Construction is complete on Holmes Electric Company’s new corporate headquarters in Kent. Holmes was previously located on Raymond Avenue SW in Renton for nearly thirty years, but needed to move to accommodate the Washington Department of Transportations expansive reconstruction of Interstate 405 between Interstate 5 and Highway 167.
Holmes’ new offices are located in one of the two buildings previously occupied by the King County Journal at 600 Washington Avenue South in Kent, Washington. The two-building site was purchased by The Benaroya Companies and Real Property Investors earlier this year.
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Benaroya Sells Tech Center for $40M
The Benaroya Co. said it's sold its Oregon Technology Center in Hillsboro, Ore., to SolarWorld AG of Germany for $40 million.
Benaroya and partner Real Property Investors bought the property in September for $22 million.
The property includes 400,000 square feet of building space on 46 acres. It was a state-of-the-art silicon wafer manufacturing plant when it
was completed for $450 million for Komatsu Silicon America. The complex, west of Portland, sat vacant for all but a few months since its
opening.
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4 Towers Fetch $345 Million
A Chicago investment firm yesterday completed the year's biggest buy in the Seattle real-estate market, paying $345 million for four downtown office towers located on the west side of Interstate 5.
Walton Street Capital, which has been busy investing $1.8 billion raised from pension funds and other institutions, bought the three-building Metropolitan Park complex, built in the '90s, and the older Park Place building.
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Benaroya @ Van Doren's West
Big Deal for Benaroya Family
Seattle's Benaroya family is poised to make another blockbuster commercial real estate deal, defying a difficult economy yet again.
The Benaroya Co. has agreed to sell three Kent Valley industrial complexes to New York-based TIAA-CREF, one of the nation's largest pension systems. The surprise deal, disclosed last week in letters to tenants of the properties, would be the biggest sale of industrial real estate in the region in more than two years.
Benaroya had not been seeking to sell the properties, said Louis Richmond, a spokesman for the company. TIAA-CREF sparked the deal with an unsolicited offer. The company and the pension system hope to complete the sale by the end of the year.
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Benaroya, The Empire Builders
Larry Benaroya looked out the car window at the "Available" sign planted among the rows of corn stubble in the Kent Valley, where such property is rare.
"We called on that, and they said it was sold," Benaroya said, frowning as much at the lost opportunity as the misleading sign.
Benaroya does not like to waste time on frivolous calls. That's not how his father built a real-estate empire of office and industrial parks before selling it all in a 1984 blockbuster deal, and Larry Benaroya is much like his dad — becoming known as an empire builder in his own right.
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