The Boeing Company | Boeing Capital Corporation Headquarters

Property Description

This 70,101 square foot, three-story office property located in Renton, Washington, is 100% leased to The Boeing Company, the largest manufacturer of commercial jetliners in the U.S. and an investment grade-rated, publicly-traded global aerospace and defense company. Boeing is ranked #39 on the Fortune 500 List for 2012 and is a component of the Dow Jones Industrial Average, the most prestigious index in the world. The property serves as the global headquarters for Boeing Capital Corporation, a wholly-owned subsidiary of The Boeing Company.

Business Essential Attributes

The Boeing Capital Corporation Global Headquarters houses all the executive officers and is within two miles of Boeing's Longacres Campus, home to the Boeing sales team responsible for driving the bulk of financing business for Boeing Capital. The property is also located near other key Boeing facilities including the Boeing 737 Assembly Plant, Boeing Airfield and Seattle (Sea-Tac) International Airport, which provides high accessibility and economies of location for clients visiting the headquarters and touring the Boeing operations.

Additional Property Information

The Boeing Company has been in continuous occupancy at the property since 1997 during which time the location has been utilized as the Boeing Capital Corporation Global Headquarters. The property is also home to two other Boeing related entities including the Ed Wells Partnership, a joint initiative between Boeing and SPEEA (aerospace engineers union), and Boeing Travel. Combined, both entities occupy approximately 15,000 square feet and could easily be relocated to accommodate any future growth needs from Boeing Capital.

The Boeing Company | Boeing Capital Corporation Headquarters

Renton, Washington

Property At a Glance

Property Type: Office
Square Footage: 70,101

Lease Expiration: Two Separate Leases Expiring July 31, 2017 (59,987 SF) & August 31, 2017 (10,114 SF)
Renewal Option(s): 
One 5-Year Option
Rent Increase(s): Commencing August 1, 2013: $0.50 per square foot annually (2.3% average annual increases)
Tenant: The Boeing Company
Website: www.boeing.com
NYSE: BA

 

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