Photography by: J Mark Griffith Photography
February 8, 2022
Issaquah-based Lake Washington Partners LLC said Tuesday it has moved its headquarters from Issaquah to a larger space in a building it owns in Bellevue, which company president Jordan Lott said is “at the crossroads of where most of our transactions occur.”
The family-owned company with a 9 million-square-foot-plus national portfolio moved to the Cordova on 114th Avenue Southeast, between the Bellevue Club and Interstate 405 as part of an “aggressive” growth plan. The relocation also brings the 34-employee company closer to its tenants, said the company, which last year paid $62 million for a three-building, Microsoft-anchored Bellevue office property along Highway 520.
Lott said the new location also allows the company to draw employees from all directions, including downtown Seattle.
As an owner of office space, Lake Washington Partners believes in the need for the office. It wants employees working in the same physical location rather than working remotely. In a release the company said it “thrives on collaboration and in building relationships, and the new office space was designed with an emphasis on creating spaces that support this.”
“We have aggressive growth plans for the business, and we anticipate our new offices to be the hub that facilitates that growth. A place where workers come together to solve business challenges, not just a place for people to sit,” said Lott.
Lake Washington Partners’ new space measures nearly 13,850 square feet, or more than two and a half times the size of the former headquarters in Issaquah in the Eastpoint property, which it owns. The company moved there in late 2011, about five years after Lott founded it.
Lott’s late grandfather, Manny Lott, was investor in some iconic Seattle properties, including the Arctic Building.
Jordan Lott is on the board of SanMar, the Issaquah clothing and accessory company, which is the Business Journal’s 2022 Family Business of the Year.