Accelerating success.

Stadium terrace589 Occidental avenue S | Seattle, Wa

> develop & own an iconic building in a landmark location> 30 yards from SeahaWkS FOOtball / SOunderS SOccer & blocks from marinerS baSeball> 105 modern, light-filled apartments with city, elliot bay & Olympic mountain views> Jewel-box retail at the heart of the Stadium district with nearly 6 million annual visitors> Perfectly timed to revitalization of Seattle waterfront & anticipated arrival of nba to Seattle> located in the most transit oriented neighborhood in the region, possibly the nation

FOR SALE > one oF THe MoST excITInG MULTIFAMILy DeveLoPMenT oPPorTUnITIeS on THe WeST coAST

DEVELOPMENT OPPORTUNITY

1 2 3Seattle by the numbers...

SEATTLE.Number one city for Gen Y workers (PayScale, August 2012)

SEATTLESecond best city in America (Businessweek, September 2012)

SEATTLE.Third hottest American city of the future (Business Insider, June 2012) 4 5SEATTLE.

Fourth best global startup hub (GeekWire, November 2012)

SEATTLE.Fifth best US city for job growth (PSBJ, March 2012)

Location Highlights> Ideally located in Seattle’s Stadium District, with NFL,

MLB & MLS teams just feet away

> Nearly 6 million annual pedestrian visitors to the neighborhood

> Located at the center of Seattle’s Stadium District Plan & minutes’ walk to CBD & Waterfront

> Most transit rich neighborhood in region

Ideal Timing> Perfectly timed to coincide with $1B+ revitalization

of Seattle Waterfront

> Anticipated arrival of NBA and possibly NHL, with addition of arena to Stadium District

> Master Use Permit in process and building permits anticipated in 2014

> 4-Acre, $600M+ North Lot planned for phase I completion in 2014

> Viaduct removal & direct access to Seattle Waterfront planned for 2016

Lake Union

Union Bay

Lake Washington

Green Lake

Elliott BayLake

Sammamish

Seattle CBD

Capitol Hill

University District

Ballard

Broadview

ShorelineLake Forest

Park

Northgate

Queen Anne

Magnolia

Beacon Hill

White Center

Mercer Island

West Seattle

Bellevue

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5

5

5

99

99

509

104

522

522

90

520

Stadiumterrace

Stadium TerraceLocated in Seattle’s emerging Stadium District, Stadium Terrace is one of the most exciting multifamily development opportunities to hit the West Coast in years. With amazing double-height restaurant space, jewel-box retail and gorgeous modern apartment spaces, Stadium Terrace will redefine Seattle living!

Stadiumterrace

6 7WASHINGTON.Sixth next boom state (U.S. Chamber of Commerce, June 2012)

SEATTLE.Seventh strongest commercial real estate market (Urban Land Institute/Pricewaterhouse Coopers, October 2012) 8 9 10WASHINGTON.

Eighth best state for growth, productivity, & livability (U.S. Chamber of Commerce, June 2012)

WASHINGTON.Ninth best economic output per job (U.S. Chamber of Commerce, June 2012)

SEATTLE.Tenth best-paying city for women (Forbes, January 2012)

Project Summary

Proposed UseMixed use containing residential apartments, commercial and restaurant space, and residential parking and storage

Location 589 Occidental Ave S | Seattle WA 98104

Major Street Exposure 241 ft on Occidental Ave S; 265 ft on Railroad Way S

Existing Improvements Seattle Plumbing Building built in 1903

Total Units 105

Lot Size .39 Acres / 17,171 SF

Height 12 Stories above grade

Parking 88 Stalls above grade

Roof Level 12 roofdeck with green roof

Construction Type Concrete frame, IB construction

Parcel Number 7666204879

Existing Zoning PSM 85’-120’ Pioneer Square Mixed, Special Review; No FAR requirement

Architect Weinstein Architects & Urban Designers

Project Status MUP Submittal Date: October 31, 2012; DD Kickoff: February 2013; Target Permit: July 2013

Unit Mix

Unit Type # Avg.

Unit GSFTotal GSF %

Studio 60 488-759 35,599 57%

1 BR 38 590-895 30,521 36%

2 BR 7 1,190-2,033 13,388 7%

total 105 757 79,508 100%

> Exposed brick & concrete patina

> 500 feet of retail frontage along sports promenade

> 6,000 SF of double height restaurant space

> 3,500 SF of jewel-box retail

> Nearly 6 million annual visitors to neighborhood

retail featureS

Development Highlights> Exciting mixed-use project incorporating adaptive re-use of non-designated, historic building> 105 beautifully designed units with 6 gorgeous penthouse units overlooking sports arenas> Iconic building design with amazing panoramic city, water & mountain views

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DyLAn P. SIMon Associate

direct 206 624 7413 mobile 206 414 8575 dylan.simon@colliers.com

DAve ScHUMAcHer Senior Vice President

direct 206 382 8555 mobile 425 985 8528 dave.schumacher@colliers.com

DAvID W. MorTenSen Senior Associate

direct 206 382 8554 mobile 206 604 6118 david.mortensen@colliers.com

coLLIerS InTernATIonAL

601 Union Street, Suite 5300 Seattle, Washington 98101 206 223 0866

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Please contact us to receive a full package of materials for this exciting development opportunity.