Marketing Description:

We have been retained by University Presbyterian Church ("UPC") as its exclusive real estate advisor to contact potential entities who have an interest in acquiring the development rights for one or multiple sites within the UPC portfolio in an outstanding location within the University of Washington district ("UDistrict") in Seattle, Washington. UPC's preferred transaction structure is a long-term (~99-year) ground lease. The sites sit near the northwest entrance to the 639-acre UW campus, and within easy walking distance to the amenity-rich University Avenue and Link Light Rail Station. The sites are zoned SM-U 85, NC2-75, and LR3; allowing for flexible and dense development and use on each respective site.This is a rare opportunity to acquire the development rights to either an assem