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Developer Lands Financing for Speculative Office Near Microsoft Headquarters

Capstone Partners' $155 Million Project Could Attract More Tech Leasing
Capstone Partners hopes to finish work on the 245,000-square-foot office building at 15550 NE Turing St. by the end of 2020. Illustration: HFF
Capstone Partners hopes to finish work on the 245,000-square-foot office building at 15550 NE Turing St. by the end of 2020. Illustration: HFF
By Clare Kennedy
CoStar News
June 7, 2019 | 2:37 AM

Seattle developer Capstone Partners now has $155 million in financing in hand and is forging ahead on a long-sought, speculative office project at Esterra Park, an elaborate 3 million-square-foot master planned community near Microsoft's headquarters in Redmond, Washington.

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