Kaiser Foundation Health Plan Leaving South Lake Union Building

Kaiser Foundation Health Plan, formerly Group Health Cooperative (Kaiser's $1.8B acquisition of Group Health was finalized recently), is planning to leave the Westlake Terry building by the end of this summer, the Puget Sound Business Journal reports. The company's lease is about to end, and the space will be occupied in the near future by Amazon, which has absorbed a lot of square footage in South Lake Union lately. Kilroy Realty owns the 275k SF property.

Some of Kaiser's workers will move to Two Union Square, while others will go to the health system's new facility in Renton. The Renton property, which is still under construction, will have about 2,250 employees by the end of the summer. It comprises two buildings on the former Longacres horse-racing track.

Continue reading this story with a free account

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

Denver Tech Center Office Tower Trades Hands For First Time In 14 Years

Law Firms Drive Boston Office Rents To Record Highs

3 Houston Office Properties, Vacant To Nearly Full, Change Hands

Deutsche Hypo Finances Zadelhoff's Amsterdam Offices With €75M Loan

SFF Realty Partners Extends Spending Spree With $82M Acquisition In Downtown San Jose

Drawbridge Realty Acquires 180K SF Office Building In Sunnyvale For $219M

Downtown Los Angeles Retail, Office Hub The Bloc Up For Sale

Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office

How Healthcare Providers Are Bundling Care Services Under One Roof, With Patient Needs Top Of Mind

Interest Rate Hike Douses Outlook For Atlanta Developers

Chicago Office Deals Feature More Scrutiny, Added Tenant Protections

Tishman Speyer Retakes Chrysler Building, Plans $235M Renovation