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Seattle Life Science Facility For Rent
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1916 Boren Avenue, Seattle, WA 98101

11-story, 282,741 RSF Seattle facility with premier lab amenities.

Space SizeContact for details
Days on Market149

Property Features for 1916 Boren Avenue

General Information

Standard status Active
Property subtype LifeSciences
Listing Agency: CBRE - Seattle
Listed By: Paul Carr · License #104966
Source: Cbre
Added: Mar 25 Changed: Aug 11 Last Checked: Aug 20 at 7:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Seattle

Investment Insights

Based on property information with market context.

This 11-story facility offers 282,741 rentable square feet. It features premier lab and general building amenities, including common glasswash and autoclave, conference rooms, and rooftop decks. The property is directly adjacent to the Seattle Children's Research Institute (SCRI) and provides convenient access to Fred Hutch, the University of Washington Allen Institute, and South Lake Union. Excellent access to I-5, Boren Avenue, Denny Way, and downtown Seattle amenities is available. Market-leading chemical storage is available outside the premises. The building provides 24/7 on-site security.

Key Highlights

  • Market leading life science infrastructure and design.
  • Premier lab and general building amenities, including common glasswash/autoclave, conference rooms and roof top decks.
  • Directly adjacent to SCRI with easy access to Fred Hutch, UW Allen Institute, & South Lake Union.

Property Analytics

Current Use

Lease Crutcher Lewis ... Corporate Office Concerto Investments Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

16,021
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98101, WA

16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$42.75 /SF/Yr
Avg Asking Price
$27.75–$53 /SF/Yr
Price Range
32,413 SF
Avg Space Size

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 11-story, 282,741 RSF Seattle facility with premier lab amenities.
Where is this medical office space located?
The property is located at 1916 Boren Avenue Seattle, WA.
What are key features of this property?
This property features: Market leading life science infrastructure and design.; Premier lab and general building amenities, including common glasswash/autoclave, conference rooms and roof top decks.; Directly adjacent to SCRI with easy access to Fred Hutch, UW Allen Institute, & South Lake Union.
More about this property
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