RevereCRE

9805 Willows

9805 Willows Rd NE, Redmond, WA 98052, United States

9805 Willows

Mission Critical Lab and R&D Facility | 100% Leased to Meta's Reality Lab's Division

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Property Type
Office
Deal Type
Acquisition
Risk Profile
Core Plus

Jones Lang LaSalle America’s, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 9805 Willows (the “Property”), a three-story, 80,980 square foot, mission critical lab/R&D asset located in Redmond, WA. Situated on an 11.36-acre site, the Property is 100% leased to Meta Platforms Technologies for 5.6 years (LXD 3/31/2029). The lease is fully guaranteed by Meta Platforms, Inc. (“Meta”) which is rated AA- by S&P. Formerly known as Facebook, Meta (NASDAQ: META) is the world’s largest social media platform with a wide range of products that empower more than three billion users around the world to exchange ideas and revolutionize the way people interact. Since first occupying the Property in 2020, Meta has fully renovated and utilized the Property as its foremost research and development facility for its Reality Labs business division.

 

9805 WILLOWS IS AN INCREDIBLE ACQUISITION OPPORTUNITY, OFFERING INVESTORS A STATE-OF-THE-ART, MISSION CRITICAL, AND CREDIT LEASED LAB AND R&D FACILITY WITH THE COMBINATION OF BELOW MARKET RENTS, SIGNIFICANT DISCOUNT TO REPLACEMENT COST, AND EXTENSIVE CAPITAL INVESTMENT BY THE TENANT – ALL ADJACENT TO THE NEW STATE-OF-THE-ART HEADQUARTERS OF REALITY LABS.

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9805Willows_Flyer_Final.pdf