Signs New Lease for 26,000 Square Feet of Office Space at One Bellevue Center in Downtown Bellevue Signs New Lease for 26,000 Square Feet of Office Space at One Bellevue Center in Downtown Bellevue

July 15, 2004
BELLEVUE, Washington, July 15, 2004 -- has signed a new lease for 26,000 square feet of office space at One Bellevue Center in downtown Bellevue. ChemPoint will be relocating 75 employees from its current 11,000 square-foot-space in Factoria later this year. The new space will accommodate ChemPoint’s continuing growth.

“Our strong business model, innovative marketing approach, and talented ChemPoint team are what have built our success and quickly grown our business such that we no longer fit our current space,” said Edward Lux, ChemPoint’s Director of Operations and Technology. “One Bellevue Place, with its downtown location, great views and amenities, was a natural choice for ChemPoint. The Staubach Company helped us find the right office building and space that fit our needs and reflected the personality of our company.”
Founded by Univar N.V. (Rotterdam, the Netherlands) in May of 1999, ChemPoint provides outsourced marketing and sales for fine and specialty chemicals via exclusive supplier partnerships. ChemPoint’s technically trained sales and marketing team consists primarily of individuals with science and industry backgrounds. They utilize technology and telephony that enables them to work with customers in a high-touch, team-selling environment. Today, they service a large and rapidly growing customer base across North America and represent many of the leading chemical manufactures including BASF, Dow, Rohm & Haas and DuPont.
“ChemPoint is a true local success story. Their move is a great example of the leasing activity throughout Bellevue CBD, which remains one of the strongest in the region,” said Patrick Callahan, senior vice president of Equity Office’s Seattle Region. “Companies located in other parts of the metropolitan area continue to look at Bellevue because of its attractiveness, its high-caliber clientele, its amenities and its easy access to major transportation systems. We welcome ChemPoint to One Bellevue Center, and wish them continued success.”
Suzanne Baugh, Bob Mooney and Shawn Lorentzen with The Staubach Company represented ChemPoint in the transaction. “ChemPoint is a fast growing company that wanted to move its operations into a tier one, Class A building that offered a variety of amenities and suited their dynamic culture. The Equity Office leasing process was extremely smooth and the leasing team worked diligently to make sure our deadlines were met,” said Baugh.
Don Matt, leasing director, represented Equity Office in the transaction.