Company type | Private |
---|---|
Predecessor | University Properties Inc |
Founded | 1953 |
Founder | Roger L. Stevens, Alfred R. Glancy Jr., Ben Tobin, and H. Adams Ashforth |
Headquarters | 1215 Fourth Avenue, Suite 600, , |
Key people | Quentin Kuhrau (CEO and Chairman of the Board) Jonas Sylvester(President) |
Total assets | $4.3 billion |
Unico Properties LLC (formerly University Properties Inc) is an American private equity real estate investment and development company based in Seattle, Washington, focused on the north-west and west of the US. [1] It was founded in 1953. [2]
As of September 2018, it "manages a $4.3 billion real-estate portfolio", [3] amounting to 18 million square feet. [4]
Unico was founded in 1953, by Roger L. Stevens, Alfred R. Glancy Jr., Ben Tobin, and H. Adams Ashforth, who were chosen by the University of Washington to manage and develop a 10-acre site in downtown Seattle. [4] [2]
Developments in Seattle have included the Rainier Tower, Puget Sound Plaza, IBM Building (Seattle), Financial Center, One Union Square, and Two Union Square. [4]
In September 2018, Unico purchased One Nashville Place in Nashville, Tennessee, for $139.5 million. [3] [5]
Vale Group LLC, doing business as Vulcan Real Estate, is an American private holding company based in Seattle, Washington. The company was founded as Vulcan Inc. in 1986 by Microsoft co-founder Paul Allen and his sister Jody Allen to establish and oversee the family's diverse business activities and philanthropic endeavors. It includes the Paul G. Allen Estate and Trust and advises the Paul G. Allen Family Foundation.
Brookfield Properties is a North American subsidiary of commercial real estate company Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Asset Management. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings. Brookfield Properties acquired General Growth Properties, one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018. As of 2024, Brookfield Properties operates corporate offices in nine countries around the world, including China, India, Germany and the US.
The Metropolitan Tract is an area of land in downtown Seattle owned by the University of Washington. Originally covering 10 acres (40,000 m2), the 1962 purchase of land for a garage for the Olympic Hotel expanded the plot to 11 acres (45,000 m2). The Metropolitan Tract is primarily located in a rectangle formed by Seneca St., Third Ave., Union St., and Sixth Ave.
Albuquerque Plaza, also known as WaFd Bank Building, is a 107 m (351 ft) high-rise building or skyscraper on the south side of Civic Plaza 201 Third Street NW, in Downtown Albuquerque, New Mexico. It is the taller of a two tower complex that contains class-A office space connected at ground level by a two-story promenade containing retail space connecting to the shorter Hyatt Regency Albuquerque hotel tower. At 22 stories, it is the tallest building in New Mexico. The hotel tower, with 20 stories, is the state's second tallest building at 78.03 m (256.0 ft). Their similar height, color, and pyramidal roofs make them the focal point of the Albuquerque skyline.
BXP, Inc. is a publicly traded real estate investment trust that invests in premier workplaces in Boston, Los Angeles, New York City, San Francisco, Seattle, and Washington, D.C. As of December 31, 2023, the company owned or had interests in 188 commercial real estate properties, aggregating approximately 53.3 million net rentable square feet.
Silverstein Properties, Inc. is a family held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. The firm is New York City's fifth-largest commercial landlord.
Westin Hotels & Resorts is an American upscale hotel chain owned by Marriott International. As of June 30, 2020, the Westin Brand has 226 properties with 82,608 rooms in multiple countries in addition to 58 hotels with 15,741 rooms in the pipeline.
EQ Office is a real estate investment company that owns 80 office properties comprising 40 million square feet. The company is owned by funds managed by The Blackstone Group. The company was formerly known as Equity Office.
One Nashville Place is a skyscraper in Nashville, Tennessee located on Fourth Avenue and Commerce Street. Completed in 1985, this 359-ft. octagonal building with dark glass exterior has 25 floors and has been given the nickname R2-D2 by the people of Nashville after the character in the Star Wars movies. It is currently the fourteenth tallest building in Nashville.
Roger Lacey Stevens was an American theatrical producer, arts administrator, and real estate executive. He was the founding Chairman of both the Kennedy Center for the Performing Arts (1961) and the National Endowment for the Arts (1965).
Safeco Plaza is a 50-story skyscraper in Downtown Seattle, Washington, United States. Designed by the Naramore, Bain, Brady, and Johanson (NBBJ) firm, it was completed in 1969 by the Howard S. Wright Construction Company for Seattle First National Bank, which relocated from its previous headquarters at the nearby Dexter Horton Building.
Tower 333 is a 20-story high-rise office building in the central business district of Bellevue, Washington, United States. The building housed the corporate office of Expedia, Inc. from 2008 to 2019. Amazon is planned to take over the lease for the entire building in 2020.
Union Square is a skyscraper complex at Sixth Avenue between Union and University Streets in Downtown Seattle, Washington, adjacent to Freeway Park. It consists of two skyscrapers built in the 1980s and primarily used for office space. The entire complex features a 1,100-stall parking garage, a courtyard, a retail plaza spanning three stories and an underground pedestrian concourse that connects with the Fifth Avenue Theater and Rainier Square. Both structures were awarded LEED certification in 2009 and eventually received LEED Platinum certification 6 years later as a result of reduced annual energy consumption by 40 percent through recent renovations. The entire complex is currently managed by Washington Holdings, a real estate firm also known as Union Square LLC which is based in Seattle.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase.
Arrivé is a 440-foot (130 m), 41-story skyscraper in the Belltown neighborhood of Seattle, Washington. The $190 million project, originally named Potala Tower after the Potala Palace in Tibet, was designed by Weber Thompson and consists of 342 apartments and a 142-room hotel. It was financed partially by Chinese nationals through the EB-5 visa program and began construction in April 2015.
Crescent Heights, Inc, is an American real estate development company based in Miami, Florida, with offices in Chicago, New York, Los Angeles and San Francisco.
Ben Tobin was an American real estate developer, philanthropist, and investor in Broadway shows.
The Pacific Building is a 22-story building in the Central Business District of Downtown Seattle, Washington. It is located at 720 Third Avenue. It was completed in 1971.
Onni Group is primarily a real estate development company, headquartered in Vancouver. The company has built a variety of residential, commercial, and rental projects across Canada and the United States for various uses. The company started investing in the US in 2010 by acquiring apartment properties in Phoenix. Since its initial investments in the US, the Onni Group has become one of the biggest developers in Los Angeles.
Southwest Value Partners (SWVP) is an American, privately held real estate investment company. It is headquartered in San Diego, with offices in Scottsdale, Tucson and Nashville.
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