Date: April 1, 2010
Contact: Ryan Burns - (800) 875.6467
Logos Bible Software Expanding into Historic Flatiron Building
Bellingham, WA, April 1, 2010 — Logos Bible Software has signed a long-term lease for the 7-story triangular-shaped block known as the "Flatiron Building," at 1313 Bay St. The 101 year old building, originally a furniture store, is listed on the National Register of Historic Places and has been occupied by CH2M Hill and its predecessors since a 1990 remodel.
The engineering firm's upcoming move to new waterfront offices threatened to leave a 43,000 square foot vacancy at the gateway to Bellingham's emerging Arts District. In response, the building owners approached Logos Bible Software to work out a multi-party purchase and lease deal that keeps this historic building occupied while ensuring Logos has room to grow in downtown Bellingham.
"Logos grew more than 25% last year, and we're looking forward to faster growth in 2010," said Bob Pritchett, CEO of Logos. "This iconic building, with its 360 degree views of Bellingham Bay and the city, not only provides the space we need, it offers our employees some fantastic offices, and helps us remain an employer of choice."
Working Together with the City
Bellingham Mayor Dan Pike and a team of city staff participated in discussions about the building transition, helping ensure continued occupancy of this historic landmark. "The city's support was a big part of our decision to invest more in downtown Bellingham," said Pritchett. "The Flatiron Building is more than 100 years old and presents a variety of challenges, from parking to maintenance to remodeling. Knowing that the city is committed to keeping our downtown and historic buildings working for business gave us the confidence to grow here."
"Logos Bible Software is one of Bellingham's largest employers and a very important downtown tenant. Their commitment to remaining downtown and expanding into this building provides tremendous community and economic benefits," said Mayor Dan Pike.
Increasing Foot Traffic
Logos plans to expand into the building in September, immediately after CH2M Hill moves. Remodeling plans include updating office spaces and reconfiguring some workspaces into employee amenities. Logos is also hoping to find a tenant that can return a portion of the ground floor to its historic use as retail space. Retail use would contribute to the revitalization of this block of Bay St., already home to the American Museum of Radio and Electricity and the new Pickford Film Center, and the gateway to the Arts District.
More information on the "Flatiron Building" may be found on the web at: http://www.BellinghamFlatiron.com/
About the Company
Logos Bible Software, a privately held corporation located in Bellingham, Wash., is the leading publisher of high-end, award-winning, multilingual Bible software. The company serves church, academic and lay markets, bringing the best in software innovation to Christians worldwide. Logos can be found on the web at: http://www.logos.com.