Newmark, as exclusive advisor, is pleased to present the unique opportunity to acquire all of the shares in the owner (a single-project REIT) of Block 13 (the “property”) - a newly developed, trophy office building totaling 212,128 rentable square feet. The property is 100% leased to Meta Platform, Inc. (S&P: AA-) for 14 years, offering investors a highly-coveted income stream backed by one of the world’s leading technology firms. Delivered in 2024, the property is a state-of-the-art, Class A nine-story office building with a two level subterranean parking garage and must-take parking on 261 passes.

The property is prominently located within The Spring District, Bellevue’s newest transit-oriented submarket and one of the Eastside’s premier live-work-play neighborhoods. Positioned between the Bellevue CBD, Redmond, and Kirkland, The Spring District is the fastest growing urban node on the Eastside, featuring approximately two million square feet of office space, nearly 800 housing units, and approximately 50,000 square feet of retail space. The campus benefits from strong regional connectivity, including direct access to primary arterials (I-405 and SR-520) and the brand new Spring District Eastlink Light Rail station.

Block 13 represents a rare opportunity to acquire a Class A trophy office asset with 14 years of investment grade cash flow, ideally situated within one of the most coveted urban submarkets on the west coast.