Via6

JLL, as exclusive advisor, is pleased to present the outstanding opportunity to acquire Via6 (the “Property”), a twin 24-story tower spanning an entire block in the heart of South Lake Union. Positioned at the doorstep of Amazon’s world headquarters, Via6 features 654 units, a wealth of amenity offerings, and 12,647 square feet of 95% leased retail space.

At the Doorstep of Amazon’s World Headquarters and South Lake Union’s Diverse Innovation Ecosystem:

1. Situated in the epicenter of Seattle’s highly sought-after South Lake Union neighborhood, Via6 occupies a prime location at the doorstep of Amazon’s world headquarters. The property is poised for strong near-term rent growth, following Amazon CEO Andy Jassy’s January 2025 mandate requiring employees to return to the office five days a week.
2. South Lake Union is also home to a concentration of global industry leaders, including Meta, Apple, Google, Fred Hutch, UW Medicine, the Allen Institute, and the Gates Foundation. Via6 places residents within walking distance of this diverse ecosystem spanning tech giants, life science, and biotech startups.

Under 20 minutes to the Eastside’s Largest Employment Drivers:

1. Via6 offers convenient access to major technology hubs in Bellevue and Redmond on the Eastside. Residents benefit from the ability to reach the Eastside by car, and the light rail expansion that will connect South Lake Union to the Eastside by 2026. Additionally, a Microsoft Connector bus stop is located directly outside the property, providing direct access to the Microsoft campus.

Ability to Draw Affluent Renters:

1. Immediate proximity to Seattle’s major employers and differentiated living experience has attracted affluent renters at Via6 with an average household income of $189,288, equating to a favorable rent-to-income ratio of only 17%.

Value-Add Opportunity:

1. Via6 represents a value-add opportunity as none of the Property’s 654 units have received renovations in-line with new construction high-rise product in Downtown Seattle or South Lake Union. Comparable new construction high-rise properties nearby are achieving significantly higher rents, positioning an investor to capture significant rent premiums through strategic upgrades.

Trophy High-Rise at a Significant Discount to Replacement Cost:

1. Designed by GGLO, the award-winning Via6 high-rise, situated in one of the West Coast’s most coveted submarkets, presents a rare acquisition opportunity at over 35% below new construction costs—a compelling value proposition given the nearly 40% surge in Seattle MSA construction costs since 2020 and the increasing scarcity of development land.