NEWCOMER IN THE LAND OF STARTUPS

This is our first event in a brand-new market. Can you guess which city just by looking? Dark brown interior and frothy panelists talking market caps and chinos. In Seattle, 375 came to the Renaissance downtown on Tuesday for Bisnow’s first-ever State of the Market event in the Emerald City. Naturally, being a newcomer requires grinding down some shoe leather (of our ruby slippers) and drinking lots of coffee. Here are neat things we found.
No market research would be complete without a visit to the Starbucks mother ship at 2401 Utah Ave South. Note the coffee giant’s fourth logo, rolled out this year in celebration of its 40th anniversary. The building looks like an old, redeveloped Searscatalog distribution center—because it is. The 2.1M SF edifice was built in 1915 and renovated in 2001 and is owned and managed by Nitze-Stagen, a local private investment firm. It received a $50Mrepair job following the Feb. 28, 2001, earthquake.
Seattle is full of entrepreneurial spirit: from Recreational Equipment Inc (REI), Starbucks, and Microsoft, to Salesforce.com and Farmville creator Zynga. Above, we snapped this storefront for DRY Soda Co, founded by CEO Sharelle Klaus. It offers a less-sweet soda in eight flavors: wild lime, lavender, lemongrass, blood orange, rhubarb, juniper berry, vanilla bean, and cucumber. Worried about yourwaistline? The beverages range from 45 to 70 calories. Worried about lines in general (i.e., not standing in them)? Amazon.
com
is located there as well.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

RXR Marketing Executive Lauren Maturo Dies At 32

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

Meet Bisnow's 2026 New York Power Women Honorees

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards