Bayspring Real Estate Partners has been selected by Värde Partners as its asset manager and operating partner for Bay Vista Office Tower in Seattle. Located at 2815 2nd Ave., Bay Vista Office Tower is the commercial and medical office component of a 22-story mixed-use tower in Seattle’s Belltown neighborhood.
“We are excited to partner with Värde on this quality asset and apply our hands-on approach to asset management and operations,” said Bryce Holman, partner at Bayspring Real Estate Partners. “It’s refreshing to be partnering with an owner that is investing heavily in their office buildings to create a compelling offering for tenants. Bay Vista presents an opportunity to unlock value through strategic leasing, operational improvements and market repositioning."
Bayspring is spearheading a comprehensive capital improvement program designed to enhance common areas, deliver move-in-ready spec suites and implement a market-leading tenant improvement allowan