Derek Hermsen

Founder & Designated Broker

1326 5th Avenue, Suite 625 Seattle, Washington, 98101, USA
+1 (206) 264-9000

Languages:

English

Seattle, Washington

Commercial Real Estate

Union Street Corporate Real Estate, LLC

Union Street Corporate Real Estate, LLC exclusively represents office tenants throughout the greater Puget Sound region. Its office is located in downtown Seattle at the certified LEED Gold Skinner Building.  The firm was founded by industry veteran Derek Hermsen in 2015 after enjoying 15 years at another regional tenant representation firm, Flinn Ferguson.  Union Street's team of experienced tenant rep brokers leverage their collective market knowledge and local experience on behalf of their clients to gain the most productive office spaces for each client's unique business needs.

Seattle is a market experiencing explosive growth, which has most of its office market statistics and headlines dominated by the technology sector.   Union Street makes a point to look beyond the tech sector and truly understand what is really impacting tenants in each of the varying submarkets of Seattle; especially in the central business district (CBD).  

Services

Tenant Representation

• Strategic Consulting

• Commercial Condos

Subleasing, Assignment, Disposition

Leasing & Renewals

Lease Audit & Advisory

• Expert Witness

• Broker Opinions of Value

Practice Areas

• Law firms

• Non-profits

• Schools

• Government & Institutions

• Co-working & office sharing

• Medical & Dental

• Office

• Warehouse & Storage

• Light manufacturing & Shop

• Industrial

• Marine (maritime, moorage, marinas)

Following are a few interesting facts about Seattle and its commercial real estate market…

  • Seattle is a seaport city located on the West Coast of the U.S. With an estimated 700,000 residents. Seattle is the largest city in both the state of Washington and the Pacific Northwest region of North America.
  • Seattle’s tallest building is Columbia Center at 76 stories and contains over 1.6 million square feet.  The Seattle office market consists of approximately 82 million square feet of space. 
  • In the beginning of 2017, Seattle is currently the "crane capital of America" boasting 62 construction cranes across its skyline.
  • The Seattle area developed as a technology center beginning in the 1980s, with companies like Microsoft becoming established in the region. In 1994, the Internet retail giant Amazon was founded in Seattle. 
  • The stream of new software, biotechnology, and Internet companies led to an economic revival, which increased the city’s population by an estimated 67 people per day in 2016.
  • In February 2010, the city government committed Seattle to becoming North America’s first “climate neutral” city, with a goal of reaching zero net per capita greenhouse gas emissions by 2030.