Hines has broken ground on Summit III, a 17-story Class A office building in the Seattle suburb of Bellevue, Wash., after fully preleasing the tower to an undisclosed tenant rumored to be Amazon.
The Puget Sound Business Journal reported in December that Seattle-based e-commerce giant Amazon had leased the tower.
Amazon is already said to be renting space from WeWork in the adjacent Summit II building and has leased out the entire 400,000-square-foot office building across the street from the Summit III site.
As the third building in The Summit complex, the property will neighbor Summit I, an 11-story building completed in 2002, and Summit II, a 13-story building developed in 2005.
Hines Global REIT acquired the office complex, including the fully entitled site for the third building, from Ivanhoe Cambridge in 2015.
NE, just across the street from Summit III. The company has also leased out the entirety of Center 425, a 16-story, 345,000-square foot building a few blocks west of The Summit complex.
Amazon occupies WeWork space in Summit II, according to an account in the Seattle Times.