RENTON, Wash., February 15, 2022 - Cushman & Wakefield announced the firm has represented The Partners Group (TPG), a Pacific Northwest-based consulting, insurance, and financial services company, in the lease of approximately 20,000 square feet of Class A office space for its new local office in Renton, Washington.
TPG’s office will be located at Southport, a brand new mixed-use development located at 1103 Lake Washington Blvd North that is
nestled on Lake Washington. The property is owned by Seco Development.
TPG plans to relocate and expand its existing office from nearby Bellevue to Renton on October 1. The company’s new waterfront space is situated on the 4th floor of Building 3, the first building entering the 730,000-sf office portion of the 17-acre development. TPG also has office locations in Portland (headquarters) and Bend, Oregon, and Boise, Idaho.
Cushman & Wakefield’s Trevor Youngren, Senior Director, represented the tenant in the transaction.
“Seco’s Southport campus impressed us and provided the opportunity to upgrade our space. We look forward to enjoying the incredible outdoor beauty and the amenities close by as well as the first-class office environment on Lake Washington. As a sales organization, we appreciate the vibrancy of the area and are confident it will energize our staff,” said Craig Pankow, Market President at The Partners Group. “One of our core values is to have fun and live well, and this new space fits extremely well within that culture.”
Pankow continued, “Our new Southport office will also provide flexibility and efficiency, allowing us to grow with a smart desk-sharing plan coupled with a work from home model that best suits our company, the environment and employees.”
TPG also envisions their new location as an ideal gathering place to entertain clients and guests, whether in the office or taking advantage of the many amenities on and surrounding the project. In addition to several on-site retail and restaurant offerings, Southport is walkable to an assortment of amenities, including direct access to the 57-acre Gene Coulon Park offering outdoor recreation activities, the marina, over 600,000 sf of shopping at the Landing with movie theaters, restaurants, and fitness, a Hyatt Regency and other hotels, golf entertainment, and more. Plentiful housing options and the nearby Renton Municipal Airport are also perks.
The Partners Group Opening New First-Class Office Location at Southport in Renton, WA
Joshua Deale • 2/15/2022
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Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.