Cushman & Wakefield | Commerce Officially Lists Governors Point Property


SEATTLE, WA--(Marketwired - Sep 30, 2014) -  Cushman & Wakefield | Commerce today announced that Governors Point, a one-of-a-kind waterfront estate property with more than 125 acres, is officially on the market for the first time in more than 50 years. Gary Danklefsen, Steve Brunette 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.

The property consists of eight legal lots-of-record, and each has 2nd class tidelands ownership/access. The site sits on the Samish, Pleasant and Chuckanut Bays and is a gateway to the San Juan Islands in the Salish Sea. The property is 80 miles from downtown Seattle, 60 miles from downtown Vancouver BC, and just 6 miles south of Bellingham.

"We are marketing this property internationally because of its unique qualities and characteristics," said Gary Danklefsen, a Senior Director with Cushman & Wakefield | Commerce in Seattle. "The exceptional amount of waterfront available, its location in proximity to two major international cities as well as being a gateway to the San Jan Islands -- both US and Canada -- makes this a rare opportunity."

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 approximately 250 offices in 57 countries globally. www.cushmanwakefield.com.

About Cushman & Wakefield
Cushman & Wakefield is the world's largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world's major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and assignments. Founded in 1917, it has approximately 250 offices in 57 countries, employing more than 16,000 professionals. It offers a complete range of services for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.

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Governors Point, Washington is officially on the real estate market for the first time in more than 50 years.