**University of Washington Moves Into 133,000 SF Gateway Building**
The University of Washington (UW) has officially moved into 133,000 square feet of space at the newly constructed Gateway Building, previously known as the U District Station Building.
With this move, more than half of the 12-story tower at 4328 Brooklyn Ave. NE is now occupied by UW, according to the *Puget Sound Business Journal*. The university has secured a ground lease for 50 years, with options for two 15-year extensions.
UW intends to use office space on floors two through seven to support innovation and research initiatives. Additionally, most of the university’s Environmental Health & Safety teams have relocated to the Gateway Building, which is situated above the Sound Transit Link light rail station on Brooklyn Avenue NE, between NE 45th and 43rd Streets.
The building also features two ground-floor retail spaces totaling 3,500 square feet, which are being marketed by CBRE’s Jennifer Seversen. The university agreed to an annual base rent of $46 per square foot, plus an estimated $15 per square foot for property taxes, insurance, and maintenance. The base rent will increase by 3% annually.
