The Sammamish Club, operating in Issaquah since 1999, will go to auction on July 26, according to CBRE Auction Services.
The managing director of CBRE, Douglas Johnson, reported to the Seattle PI via email that the club's directors are retiring and the reason for holding an auction is they want a date-definite sale of the club, which means change could come relatively soon to the 48,000+ square foot space.
Douglas said in the news release that the facility's location "offers a re-developed opportunity as an outstanding office/technology complex or high-quality flex space.”
In its current configuration, the Sammamish Club includes a 24,000-square-foot indoor tennis facility with four acrylic-surfaced courts and an adjacent 24,148-square-foot fitness complex. The fitness complex has a competitive swimming pool, spa and massage facilities, aerobic and training studios, locker rooms, and steam, sauna and Jacuzzi facilities.
The 4.46-acre property is part of the 850 acre Central Issaquah Redevelopment Plan, which is in discussion for final approval late this year (see Local Voices contributor ) and is adjacent to the proposed Hyla Crossing and Rowley Center, an 80 acre mixed-use, 4 million square foot development approved by the city in December 2011.
Patch asks you...
Given the current use and the planned future redevelopment nearby, we wonder what you'd like to see done with the Sammamish Club by a new buyer? Share your thoughts in the comments below--maybe it will give someone a great idea!
And in case you want to bid on it...
In order to participate in the public auction, an earnest money deposit of $150,000 is required. More information about the auction process is available to prospective bidders at CBRE Auction Services, by calling 800-815-1038 or visiting www.cbre.com/auctionservices.
