PeaceHealth - Bellingham

Jones Lang Lasalle Americas, Inc. (“JLL”), on behalf of ownership, has been exclusively retained to offer for sale to qualified investors the opportunity to acquire fee simple interest in a high-profile development opportunity located in Bellingham, Washington (“The Property”).

The 7.5-acre site currently includes a vacant former hospital building (112,163 square feet), the Chestnut Professional Building (25,000 square feet) and an eight unit apartment building. The remainder of the site is occupied by surface parking lots. Centrally located between downtown Bellingham and Western Washington University, the Property is currently zoned RM 45’ within the Multi-Housing residential district. Ownership seeks bids for all or portions of the Property. The successful bidders will combine compelling economics with creative development schemes. PeaceHealth may keep a portion of the campus for future development and will work with prospective buyers to identify the best location.