Seattle, WA—JUNE 9, 2015—Cushman & Wakefield | Commerce today announced that Governors Point, a one-of-a-kind Puget Sound waterfront estate property with more than 125 acres, has a new listing price and new development possibilities.
Governors Point, which was previously unpriced, is now listed at $12M. The listing is based on increased development capacity achieved by the discovery of three new onsite wells. In addition, Cushman & Wakefield | Commerce has released a video showcasing the property that can be seen at: http://governors-point.com/
Gary Danklefsen and Evan Olson from Cushman & Wakefield | Commerce have listed the property, with advisory services provided by The Land Group. The property is located just south of Bellingham, off of Chuckanut Drive and is prime Puget Sound waterfront real estate, with more than 9,500 lineal feet of low, medium and high bank shoreline.
Governors Point consists of eight legal lots-of-record, and each has 2nd class tidelands ownership/access. The property is situated on the Samish, Pleasant and Chuckanut Bays and is a gateway to the San Juan Islands in the Salish Sea. The site is approximately 80 miles from downtown Seattle, 60 miles from downtown Vancouver BC, and 6 miles south of Bellingham.
Danklefsen is the exclusive advisor to the ownership and will be the main point of contact for any questions regarding Governors Point. He can be reached at Gary.Danklefsen@comre.com. Additional property information can be found at: www.Governors-Point.com.
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About Cushman & Wakefield | Commerce
Cushman & Wakefield | Commerce, headquartered in Salt Lake City, Utah is an independently owned and operated member of the Cushman & Wakefield Alliance with offices throughout Utah, Nevada, Washington and Idaho. The firm partners with its sister company Cushman & Wakefield | NorthMarq to provide innovative commercial real estate solutions to occupier and investor clients, offering transaction services, capital markets services, occupier and investor services, and real estate advisory. Together the firms manage more than 52 million sq. ft. of retail, industrial, and office assets, have annual revenues of more than $100 million, and employ more than 750 professionals. Learn more at www.comre.com; www.cushwakenm.com. C&W | Commerce and C&W | NorthMarq are part of the Cushman & Wakefield platform, which is the world’s largest privately-held commercial real estate services firm with 250 offices in 60 countries globally. www.cushmanwakefield.com.
About Cushman & Wakefield
Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 259 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management. To learn more, click http://www.cushmanwakefield.com/.