The Seattle Storm will relocate its headquarters to Interbay.
Seattle Storm will be moving their headquarters in the Interbay Neighborhood where they are leasing 12,055 square feet in the Interbay building from the Freehold Group.
The Freehold Group is a commercial real estate development company and has been in the area for more than a decade.
“We look forward to becoming a member of the Interbay community and celebrating our 10th anniversary season in his revitalized neighborhood,” said Anne Levinson, chair of the Storm’s ownership group who negotiated the transaction on behalf of the team. “ By Being an anchor tenant for a neighborhood designed to reuse industrial buildings and locating near our home court at Key Arena, we are reinforcing the Storm’s commitment to sustainable business operations and lessening our environmental footprint.”
A change in zoning was approved last year by the Seattle City Council to preserve the industrial and mixed-use component of Interbay. An increase in buildings heights was allowed for the construction of multi-family housing and retail services, to make it one of the most diversely zoned areas in the city.
"They needed a location and space that was within proximity of Key Arena and that offered flexibility on how they could use it," said Jeff Thompson, partner of The Freehold Group. "
Thompson said they worked hard to make a deal which would be successful for the Storm. By combining work and acquiring furniture to work with, they created an opportunity for them to move into a space and have it all ready to plug and play.
"It's cool when it came together and we were please to help them," Thompson said. "We're delighted to have them in the neighborhood and we'll be working with them to create more external presence."
Thompson said in essence they are seen as a community enterprise with involved volunteers and people engaged with their program.
"We're a perfect location for that."