Global Realty Opens Residential & Resort Showroom in Downtown Seattle

Representatives of Realogics Sotheby’s International Realty unveiled the opening of its Residential & Resort Showroom at 2715 1st Avenue in downtown Seattle’s Belltown neighborhood. Mike Good, chief executive officer of Sotheby’s International Realty Affiliates, LLC and Dean Jones, managing member of Realogics Sotheby’s International Realty addressed guests during a private reception last night; declaring expansion plans throughout the Pacific Rim and noting Seattle as a critical gateway to the United States.

CEO of Sotheby’s International Realty® Brand Announcement of Pacific Rim Expansion Plans at Reception

“The Residential & Resort Showroom in Seattle is a tremendous accomplishment and represents the caliber of companies that we’re attracting to our expanding global network,” said Good. “Realogics Sotheby’s International Realty is well positioned for growth as we open new offices in the Pacific Rim such as Hong Kong and Japan but also because Seattle is a major feeder market for our resort properties in the U.S., Mexico and the Americas.”

The Seattle real estate market has held up better than most metro areas in the U.S. in part due to increasing demand from out-of-town consumers, according to Jones. “About a quarter of our sales transactions are to relocating or second home buyers purchasing from outside the state or internationally – we can’t ignore this market channel,” said Jones. “We believe this trend will increase as global companies based in the Seattle area draw employees to the region and as second home buyers discover the Pacific Northwest over other West Coast markets. It’s contributing to market stabilization at all price points in the city.”

Jones adds that many of his clients are also prone to buy investment and vacation properties elsewhere. “We now specialize in sun, surf and snow destinations by making direct referrals to our affiliates in key resort markets. Our agents’ reach extends well beyond Seattle’s city limits,” he said.

The brokerage, owned by Dean and Stacy Jones of Realogics, Inc., and Sam Cunningham as the designated broker has grown considerably since acquiring the Sotheby’s International Realty franchise on February 23, 2010. In addition to Co-Founding Directors Moira Holley and James Stroupe, the firm has welcomed Chris Longfelder Doucet, Connie Blumenthal, Erik Moris, Melanie McCarthy and Cybele Walsh to the international realty network.

Today Realogics Sotheby’s International Realty is comprised of 23 agents representing approximately 200 listings and more than $225 million in inventory throughout in the greater Seattle area and beyond. The company also represents buyers citing local market expertise and effective negotiation skills. Recently, an out-of-state couple working with Moira Holley purchased a $9.25 million listing for $6.25 million – one of the largest transactions recorded for a non-waterfront property in King County since 2007, according to the Northwest Multiple Listing Service. Good and Jon Meschke, VP of Affiliate Services at Realogy – Sotheby’s International Realty Affiliates, LLC both noted Holley and Stroupe as being key players to the success of Realogics Sothebys’ in the greater Seattle area through their innovative marketing strategies.

“Our unique marketing platform has helped us attract clients and top-producing agents alike,” says Cunningham. “They seek every advantage available in today’s marketplace and we offer unparalleled reach both in-store and online. We’re proud to be affiliated with one of the world’s most established brand names as we represent exceptional properties of all product types and price points in our new retail gallery.”

In addition to real estate, the Residential and Resort Showroom also showcases international art in a partnership with Sun Valley-based Gallery DeNovo. The 3,500 sq. ft. retail space features artists from around the world and will host monthly events that range from real estate market updates to art walks and wine tastings. The showroom opens to the public on Saturday, June 26, 2010 at 10am. Guests may register to receive newsletters and event information at www.RealogicsSothebysRealty.com.
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Stroupe Group Exclusive Websites for Buildings

We wanted to take a moment to share a beneficial service we provide for both buyers and sellers looking at downtown Seattle real estate.  Over the last couple of years, we have built a collection of websites for buildings downtown, and have many more in the hopper.  Our intention with these websites is to allow each unique address to convey its own personality online.

Every site we build for a condo building allows a visitor to:

• View active units for sale,
• View the past three years of sold history,
• Sign up for instant email notifications of new listings,
• Inquire about a particular unit’s value,
• See a neighborhood map and WalkScore,
• Look at a photo gallery of amenities, and
• Get building management/concierge contact information.

In addition, whenever we have a seller that lists with the Stroupe Group, we integrate a customized page with professional photography.  All of our building websites also place at the top of all major search engines for maximum exposure, and we also use linking strategies to further secure placement.

Visit our current project: EscalaTower.com

Below is a list of other websites that are constantly being improved, and we would love to hear any suggestions on how we can make them better.

• 81 Vine Lofts
• 2200 Westlake
• Arbor Place Tower
• Avenue One
• Bay Vista Tower
• Bellora Building
• Cristalla
• Fifteen Twenty-One
• Gallery
• Meridian Tower
• Newmark Tower
• Pomeroy
• Seattle Heights
• Tavona Condos
• The Cosmopolitan
• The Parc
• The Vine
• Toscano
• Watermark Tower

Sample Gallery

BelltownParc.com	FifteenTwenty-One.com
LiveAtTheVine.com	AvenueOneCondos.com
GalleryInBelltown.com	CristallaBuilding.com

Avenue One – 2721 1st Ave., Seattle, WA 98121

Address: 2721 1st Ave., Seattle, WA 98121
Neighborhood: Belltown

CONDOS FOR SALE

Here you can find all active listings at Avenue One. If your dream condo is not listed, sign-up to be instantly notified by email.

Sign-Up to receive an instant email notification of new Avenue One condos for sale as soon as they hit the market. Membership also includes a monthly review of all activity for this building.

DESCRIPTION

Designed by GGLO Architects and developed by Intracorp in 2005, Avenue One is located in the heart of neighborhood restaurants and boutique shopping on the corner of 1st Avenue and Clay in Belltown. Constructed by Swinerton, the 13-story mixed-use tower contains 116 residential units (floorplans ranging from 436 to 1,333 square feet) and street level retail spaces. Original pricing for studios, 1-bedrooms, 2-bedrooms penthouses were between $171,000 and $981,000. Amenities include full service concierge, exercise room, community room and rooftop terrace. Other companies involved include KPFF Consulting Engineers and Cary Kopczynski and Company.

PICTURES

BUILDING DATA

• Year Built: 2005
• Number of Units: 116
• Number of Stories: 13
• Exterior: Brick, Cement/Concrete, Metal/Vinyl, Stucco
• Parking: Common Garage
• Pets: Subj to Restrictions
• H/O Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer
• Common Property Features & Amenities: Cable TV, Concierge, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Room, Lobby Entrance, Rooftop Deck, Security Gate

NEIGHBORHOOD BUSINESS

• Belle Harbor Cafe
• Black Bottle
• Chartreuse International
• Chocolati Cafe
• CJ’s Eatery
• Crescent Arms Dry Cleaning
• Estrella
• Lighting Supply
• Mira! Restaurant & Lounge
• New Town Market
• Sushi Kyo
• Tully’s Coffee
• Washington Mutual Financial Ctr
• Wild Fish
• World Class Cafe

VIEW NEIGHBORHOOD MAP

ADDITIONAL OPINIONS & REVIEWS

*Data is deemed to be reliable, but not guaranteed. In some cases, number of units may include commercial and residential spaces and/or height may or may not include a 13th floor.