February 5, 2025 2:41 pm

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Port of Everett and Lincoln Property Company announce office pre-leasing at Waterfront Place

EVERETT – Port of Everett and private development partner, Lincoln Property Company (Lincoln), are excited to launch pre-leasing for up to 120,000 sq. ft. of commercial office space in the new Millwright District at Waterfront Place.

Source: Port of Everett

Located at the heart of the Port of Everett’s $1-billion Waterfront Place mixed-use development in the City of Everett, the 10-acre Millwright District offers a unique waterfront setting at the largest public marina on the West Coast.

Companies can now secure their spot for custom Class-A suites ranging from 5,000 to 120,000 sq. ft. in up to three interconnected buildings. The office complex offers on-site structured parking, rooftop terraces, community conference rooms, a fitness center, and a wide array of surrounding employee amenities, including dining, retail, entertainment, recreation, and housing. 

Source: Port of Everett

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“For companies looking to expand or stand-up satellite campuses closer to their workforce, now is the time to get in on the ground floor in the fastest growing county in the state,” Port of Everett CEO Lisa Lefeber said. “With back-to-office mandates on the rise and quality employees tired of long commutes, Everett offers an alternative downtown experience between the Seattle and Vancouver, B.C. markets, with everything a big city has to offer.”

Everett is the largest city in Snohomish County, with a skilled workforce, diverse economy, and vibrant culture. It is regarded as one of the key cities in the greater Seattle metro area, with continued expansion expected over the next 20+ years and a growing population to help attract quality new employers to Waterfront Place.

“The new campus development at the Port offers companies a rare opportunity for Class-A, waterfront office space in business-friendly Everett, with its robust economy fueled by aerospace, maritime, military, advanced manufacturing, energy and green tech,” said Alex Aigner, Executive Vice President with Lincoln’s Pacific Northwest division. “The Project offers a truly unique experience in the Puget Sound Region, with flexible space for companies of all sizes, a prime location along the shoreline, complete with stunning views of Port Gardner Bay and direct access to popular retail, restaurants, and outdoor recreation.”

Office development is targeting a 24-month construction period with openings anticipated as early as 2028. 

For more information on pre-leasing, please visit www.portofeverett.com/office or contact Alex Aigner, EVP with Lincoln’s Pacific Northwest Region, at aaigner@lpc.com

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe.

Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com.  

About Port of Everett’s Waterfront Place

The Port of Everett’s Waterfront Place is a new 1.5-million square foot mixed-use development located on 65 acres at the waterfront near the downtown core in Everett, Washington. The development boasts spectacular views, waterfront access, recreational amenities, and a world-class marina – the largest public Marina on the West Coast – with 2,300 slips and 5,000 linear feet of guest moorage.

At full build-out, the Waterfront Place mixed-use development will include 63,000 square feet (sf) of retail/restaurant space, another 20,000 sf of marine retail, 447,500 sf of office, two waterfront hotels, and up to 660 waterfront housing units. Featured amenities include new trails and regional parks, public gathering spaces, a variety of fine and casual dining, local shops, and marine sales and services.

The project’s expected $1 billion in public/private investment is estimated to support nearly 2,100 family-wage jobs and generate $8.6 million annually in state and local sales taxes. To date, the Port has facilitated more than $350 million in public/private investment here, with more to come. For more information, visit: www.portofeverett.com/wpc.


Source: Port of Everett

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