Tableau will occupy all the office space in Touchstone’s new four-story building north of Gas Works Park.
Seattle-based Tableau Software has inked a lease to take over 210,000 square feet of space in an office building just north of Gas Works Park that’s under construction.
The data-visualization company already has a huge presence in the Fremont neighborhood and will now have room to more than double the number of its employees in the Puget Sound region.
Tableau signed the lease to occupy all the office space in the four-story NorthEdge office building being built by Seattle developer Touchstone and its partner, AIG. The building will have retail space on the third floor, which is the main entrance.
NorthEdge, between North 34th Street and North Northlake Way, will be outfitted with tech-office amenities such as bicycle spaces, a rooftop terrace and locker rooms. Those features are becoming common in the Seattle area as technology companies boom and Silicon Valley businesses increasingly open local offices.
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“There’s been a lot of tech growth in Seattle, and they have driven a lot of requirements for some of the new, larger floor plates,” said Touchstone Vice President A-P Hurd. “We’ve tried to design buildings that work well for tech and related tenants.”
Tableau is scheduled to move in about May. The company signed a lease for 11 years, with rent to start at $7.5 million per year.
Tableau isn’t stopping with just one new lease.
The company will also take over the entire Fremont building at 1441 N. 34th St., where it already occupies one floor. Tableau also announced it is expanding in a building at 701 N. 34th St. and adding desks and meeting spaces to a space at 1000 N. Northlake Ave.
Tableau has been on a rapid growth path in Fremont. Just last August, the company took over the 50,000-square-foot former home of the Sound Mind & Body Gym along the Burke-Gilman Trail.
The company occupies six buildings in the neighborhood, and one in Kirkland. It reiterated its commitment to Seattle on Thursday.
“Fremont has contributed greatly to Tableau’s overall culture and will continue to serve as our worldwide headquarters for years to come,” Chief Financial Officer Tom Walker said in a statement.
Tableau’s 1,200 head count in the Puget Sound region could change dramatically in the next 12 months with the new lease.
The NorthEdge building has space for 1,300 employees, meaning Tableau would have room to double its local employee count.
Robert Hendrick, Tableau director of global real estate, said the company hasn’t made any decisions about which teams will occupy the new space or if any of the current buildings will be vacated and employees relocated.
“When we look out over the long term, we’re confident we need the space for employees and meeting spaces,” Hendrick said.
Globally, the company had 2,192 employees at the end of March, an increase from 1,360 the previous year.
Amazon.com’s boom in South Lake Union counts for a fair amount of office space in the city, but it isn’t only the tech company that’s expanding.
Tech companies encompass 43 percent of all demand for office space in Greater Seattle, according to commercial real-estate firm JLL.