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April 24, 2024
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CENTRL Office to Takeover Former WeWork Space in Seattle

4/01/24

CENTRL Office has signed on to take over the former WeWork space at Capitol Hill’s Kelly-Springfield Building in Seattle. The Portland-based creative workspace company will occupy 53.4k sf across three floors.

Located at 1525 11th Ave in Seattle, the Kelly-Springfield Building is a designated landmark. The five-story building includes a shared rooftop, an open-floor office plan, and high industrial ceilings. It is a modern building with a historic façade. It was constructed in 1917 and served as REI’s first and only retail store for many years until the mid-90s.

In 2012, it gained notoriety as a Value Village when Seattle-born rapper Macklemore filmed his “Thrift Shop” music video there. The first floor of the five-story building is now home to Five Iron Golf, co-owned by the Seattle-born rapper.

Capitol Hill is one of Seattle's most densely populated and desirable residential neighborhoods. With unmatched access to dining and entertainment, CENTRL Office will be at the epicenter of it all.

James Yalowitz with Kidder Mathews represented CENTRL Office in the transaction. WeWork vacated the offices in February following bankruptcy and what the company described as “restructuring efforts.”

CENTRL Office will occupy the space under a management contract to operate it for the building owner, Legacy Companies. Their primary business is flexible private office space for individuals and large teams. Coworking space is a less significant part of their business. This will be their first location in the Puget Sound area, with plans to open in July 2024. It will offer private flexible offices, meeting rooms, and coworking for individuals and teams of 1-100+. Founded in 2015, CENTRL’s current locations are in Portland, Los Angeles, and Sacramento.




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