440 Terry Ave N WA 98109 is a major office property in the South Lake Union neighborhood of Seattle, Washington, and it is part of the corporate campus used by Amazon and other businesses.
Location and Neighborhood
440 Terry Ave N is located in South Lake Union, a central business district in Seattle, Washington. This area lies just north of downtown Seattle and along the south edge of Lake Union. The neighborhood has seen heavy development over the past two decades and is known as a key business and technology hub in the region.
South Lake Union has excellent access to public transit. The Seattle Streetcar runs nearby with stops at Terry & Mercer and Terry & Thomas streets, making it easy for workers to travel within the area and to other parts of the city.
The neighborhood blends technology offices, residential buildings, restaurants, and retail shops. Most of the buildings around 440 Terry Ave N are mid‑ to large‑scale commercial and office properties, with ground‑floor retail supporting daily needs.
Property Overview
This property at 440 Terry Ave N is designated as office building land use in King County records. It sits on a 1.02‑acre lot (about 44,280 square feet) in the South Lake Union submarket.
The building was originally constructed in 2009 and underwent updates in 2010. It is categorized as a commercial office structure with reinforced concrete construction and non‑combustible materials, giving it solid structural performance.
The overall building size is large, with a gross area of over 500,000 square feet. It spans six floors above ground and includes a sizable parking garage of 86,012 square feet providing around 270 parking spaces.
In terms of heating and cooling, the property uses central air conditioning and a standard heating system. Utilities are municipal water and sewer.
This office building is zoned in a mixed use category that allows commercial, office, and certain residential uses, reflecting South Lake Union’s diverse development.
The most recent assessed total market value for the property was about $148 million as of the 2024 assessment year. The land portion and improvements are evaluated separately, with significant value attributed to both the site and the improvements.
Ownership and Sales History
Public property records show the address has changed hands several times. The current owner listed is ACORN DEVELOPMENT LLC, a firm involved in commercial property investment and management. Previous owners included Lake Union III LLC and City of Investors VIII LLC.
Recent Sales
The property was most recently sold on December 21, 2012 for over $218 million. Prior to that, the site had a sale recorded in early 2008 for just over $6 million.
Major Tenants and Offices
The key corporate presence at 440 Terry Ave N is Amazon.com Global Headquarters. This location is part of Amazon’s growing Seattle campus.
The building or campus space at this address includes divisions or units referenced as Amazon – Fiona (SEA24) and Amazon – Cricket, which tie into internal identifiers for Amazon facilities.
Exact lists of all tenants at 440 Terry Ave N can vary as companies expand or relocate. However, the address is widely recognized as part of Amazon’s corporate office in Seattle and is often shown on business directories as a global headquarters location.
In addition to Amazon, directory listings and business databases also show smaller enterprises at this address such as Mark Global Enterprises, which provides consulting and technology solutions.
Nearby, within South Lake Union, many technology, life science, and professional services firms operate, taking advantage of modern office supply and strong transit links.
Public Transit and Accessibility
The property’s transit connectivity is an important feature for office occupants. Several Seattle Streetcar stops are within a couple of minutes’ walk, including Terry & Mercer and Terry & Thomas stops. These provide direct connections to major commercial corridors.
Bus services also operate on adjacent streets, linking South Lake Union with downtown Seattle, the University District, and other employment centers.
Pedestrian access is strong, with wide sidewalks and crosswalks leading to nearby amenities. Bike lanes and shared‑use pathways connect the neighborhood with waterfront parks and Lake Union waterfront areas.
Surrounding Businesses and Amenities
The South Lake Union neighborhood around 440 Terry Ave N is filled with services that support office workers and residents. Retail shops, cafes, and restaurants are common within a short walk.
Medical, fitness, and personal services are also part of the local mix, enhancing the walkability and daily convenience of the area. This includes gyms, clinics, boutique stores, and other professional offices.
The neighborhood’s growth has led to high demand for office and amenity space, with rents generally higher than in other parts of Seattle. Tech companies and corporate tenants favor the mixed‑use environment here for both business and recruitment purposes.
For nearby food options, you can explore Bakso Terdekat, which is popular among office workers in the South Lake Union area.
Zoning and Future Development
440 Terry Ave N falls under zoning that encourages mixed‑use development, blending office, retail, and potentially residential space. This zoning supports continued development in South Lake Union.
The broader South Lake Union area is expected to see further office and residential projects in coming years, driven by demand from technology, healthcare, and life sciences sectors.
The area has also seen infrastructure updates, though events like Riverbank Collapse Iford Playing Fields highlight the importance of proper urban planning near public spaces.
Property Infrastructure and Parking
For a large office building like 440 Terry Ave N, parking infrastructure is critical. The site provides substantial parking capacity with hundreds of spaces in a covered garage.
Central air conditioning and standard heating systems are provided as part of the building’s mechanical infrastructure. Utilities are connected to the city’s municipal systems.
Demographics and Market Context
The population around the South Lake Union area continues to grow, with estimates of nearly 95,000 people within a one‑mile radius as of 2024. Growth projections show modest increases through 2029.
Median household incomes in the area are relatively high, reflecting the professional workforce that populates this neighborhood.
The local real estate market supports both office use and residential demand, with developing mixed‑use buildings and significant corporate investment.
Summary of Use and Importance
440 Terry Ave N is a significant commercial office property in Seattle’s South Lake Union neighborhood. It hosts corporate office space, including large tenants like Amazon, and is supported by strong transit, amenities, and high‑quality infrastructure.
The site is part of a broader business district that is central to Seattle’s technology, professional services, and urban growth.
