Seattle Northend's Preeminent Office Address
Redstone Corporate Center I is a six-story, 210,045 square foot Class A office building in Lynnwood, Washington, and the preeminent office asset in Seattle's Northend submarket — a market that has consistently outperformed downtown Seattle on both occupancy and rent growth. The building commands an outsized share of Class A inventory in a submarket where new supply has not been delivered in over 25 years and is not anticipated going forward.
The property sits at the center of Lynnwood's transit-oriented transformation, with direct light rail connectivity to Seattle, the University District, and Sea-Tac Airport. This positions Redstone as the address of choice for organizations seeking institutional-quality space with genuine urban-suburban accessibility — a combination that is structurally difficult to replicate elsewhere in the submarket.
Comprehensive capital improvements completed in 2024 ensure the asset is positioned to compete at the top of its market for years to come. FSCP acquired this building because it is the best asset in its submarket, in a geography with structural tailwinds, at a basis that reflects the opportunity.
Seattle Northend, Lynnwood, Washington
Lynnwood, WA 98036
The Seattle Northend submarket has consistently outperformed downtown Seattle on occupancy and rent growth, supported by a structural absence of new Class A office supply for over 25 years. Lynnwood's ongoing transit-oriented development has further strengthened the submarket's long-term demand fundamentals.
Direct light rail connectivity to downtown Seattle, the University District, and Sea-Tac Airport via the Lynnwood Link Extension — positioning Redstone at the center of the area's transit-oriented growth corridor.