Seattle’s latest new life sciences building, 222 Fifth, a 10-story, 197,919 square foot life sciences facility in South Lake Union, has topped off. Building ownership Lincoln Property Company and Intercontinental Real Estate Corporation were recently joined by the project’s general contractor, MEP, at a ceremony celebrating the milestone. The project is scheduled to be completed in August 2024.
CBRE Senior Vice President Paul Carr and Senior Vice President Marcus Yamamoto with the firm’s Healthcare & Life Sciences Group are managing leasing for the property. Located directly adjacent to Seattle Center Space Needle, 222 Fifth will have three floors of move-in-ready Class A laboratory suites ranging in size from 11,222 to 26,696 square feet.
The suites can be combined for a total of 73,663 square feet of contiguous built-out lab space. “The project connects South Lake Union to the Seattle Center with high-quality lab space to accelerate Seattle’s vibrant life science community,” said Carr.