Memorial Stadium

Stadium and Parking Lot

Property located within the Seattle Center campus, owned and operated by Seattle Public Schools as an athletic stadium and surface parking lot. Market Value of the Fee Simple Estate was estimated using Sale Comparisons, and the costs of demolishing the existing improvements were also considered in the final valuation, under a highest and best use scenario. This appraisal was performed to assist in decisions regarding a potential transaction.

Seattle

Seattle Center

12,000 seat athletic stadium constructed in 1946

Combined site area of 9 acres

For Seattle Public Schools and City of Seattle

Maplewood TLT Lease

Undeveloped Waterfront Parcel

Washington State Common School Trust land, under the management of the Washington State Department of Natural Resources (DNR).  The use of this appraisal is to assist the DNR with determining the lease rate for a potential 50-year lease of the parcel to Peninsula Metropolitan Park District of Pierce County.

Pierce County

Located just north of the City of Gig Harbor

36 acre waterfront site

For Washington State Department of Natural Resources

Stavis Creek Phase 1

Wooded Land, Managed by DNR

Three properties owned by the State of Washington and managed by the Department of Natural Resources, appraised for trust allocation related to a potential exchange. These properties have steep, rolling topographies and include merchantable timber. Valuation methodology uses a direct Sale Comparison Approach.

Kitsap County

Three noncontiguous sites totaling 590 acres

Appraised for potential Trust Land Transfer