Create World Real Estate Acquires Studio 7500 Office Building in Redmond for $23M

Create World Real Estate has acquired Studio 7500, a two-story office building in Redmond, Washington, for $23 million, or approximately $660 per square foot, according to an announcement from Kidder Mathews. The seller was Nicola Wealth.

The property is located at 7500 168th Avenue NE in Redmond and spans approximately 34,848 rentable square feet. The building is leased to CrowdStrike, a cybersecurity company. The transaction was reported on April 1, 2026.

Transaction Details

Studio 7500 is a two-story office facility situated in Redmond, Washington. The property's primary tenant, CrowdStrike, is a publicly traded cybersecurity firm. No loan details or cap rate were disclosed in connection with the transaction.

Kidder Mathews, a commercial real estate services firm, was involved in the transaction.

Related Activity Reported by Kidder Mathews

In related activity reported by Kidder Mathews, Coeur Pilates, a boutique fitness concept, signed a long-term lease at Benton on Burke, a newly constructed retail property at 1901 N 45th Street in Seattle's Wallingford neighborhood, marking the brand's first studio in that area. Additionally, Japanese semiconductor supplier TOCALO Co. Ltd. announced plans to open a facility in Chandler, Arizona, representing its second U.S. location.