Orcas Business Park

What Orcas Business Park does

Orcas Business Park is a family-owned commercial real estate property management business operating a 150,000 square foot mixed-use business park in the Georgetown neighborhood of Seattle, Washington. The Harvey Family acquired the property in 1998 and currently operates it across three generations of family management — John W. Harvey III (Managing Owner, 40+ years in Seattle commercial property), John W. Harvey IV (Managing Partner, tenant relations), and Michelle Harvey (Financial Manager) — supported by an Office Manager and a Facilities Maintenance Technician. The company leases office, warehouse, and retail space to approximately 75 diverse small and medium-sized business tenants, with individual unit sizes ranging from 510 to over 1,275 square feet and gross monthly rents between $1,150 and $3,209. Pricing is structured on a gross-lease basis (utilities included, no NNN pass-throughs), with a $500 move-in fee, security deposits equal to one month's rent, and discounts available for longer lease commitments.

The business operates on a direct-to-tenant go-to-market model with no intermediaries, sourcing leads through the company website (orcasbusinesspark.com), phone (206-766-8765), email inquiries, and a presence on LinkedIn, YouTube, Facebook, and Instagram. Revenue is recurring subscription-style rental income derived entirely from the 150,000 sq ft physical asset, with no technology products, software platforms, or proprietary systems. Amenities include LED lighting, heated/air-conditioned spaces, bike racks, pet-friendly policies, filtered drinking fountains, private mailboxes, proximity card access, and Lumen Fiber and Comcast high-speed internet wiring. Tenant retention is evidenced by multi-year tenures dating to 2014, 2015, and 2017, and the on-site management team provides Monday–Friday coverage with 24/7 emergency availability.

The company competes on its Georgetown location with easy freeway access, family-owned operational continuity since 1998, all-inclusive gross-lease pricing, free parking, and proximity to SoDo, the International District, Boeing Field, and surrounding South Seattle submarkets. Named tenants include SANCA (School of Acrobatics and New Circus Arts), Mioposto, Seattle Wholesale Growers Market, Mighty Tripod, and Friends of the Library, spanning non-profit, SMB, creative, food & beverage, and education segments. There is no external funding, no M&A history, no patents or trademarks, and no disclosed revenue figures in the available source material.

Name

Orcas Business Park

Legal name

Orcas Business Park

Website

https://orcasbusinesspark.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

Orcas Business Park is a Harvey-family-owned commercial real estate landlord operating a 150,000-square-foot mixed-use business park in Georgetown, Seattle, leasing office, warehouse, and retail space to approximately 75 small and medium-sized business tenants on gross monthly leases.

Ownership category

akta.pro rank

Product category

Commercial Real Estate / Property Management

NAICS

Lessors of Real Estate (5311), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)

SIC

Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Industrial Park Owners Association Management (BPAJAHAH)

Keywords

• Commercial real estate leasing
• Property management services
• Mixed-use business park
• Office space rental
• Warehouse space leasing

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Commercial Space Leasing: Revenue is generated through leasing 150,000 square feet of mixed-use office, warehouse, and retail space to approximately 75 diverse small and medium-sized business tenants. Rental income is based on gross lease rates with no additional NNN charges, with pricing varying by unit size and configuration. The company offers discounted rates for longer-term leases and prefers 12-month minimum terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Orcas Business Park leases approximately 150,000 square feet of mixed-use office, warehouse, and retail space in Georgetown, Seattle to roughly 75 small and medium-sized business tenants under all-inclusive gross lease arrangements. The Harvey family provides on-site property management, maintenance, utilities, security access, landscaping, and 24/7 emergency support as part of the lease.

Product overview

Orcas Business Park is a family-owned and operated mixed-use commercial real estate property management business offering approximately 150,000 square feet of useable office, warehouse, and retail space. The company provides commercial office space units for lease with varying sizes and configurations, ranging from 510 to 1,275+ square feet. Property management services include on-site management, maintenance, tenant support, and flexible lease arrangements. The business is operated by the Harvey family who purchased the property in 1998, with approximately 75 diverse tenants across small and medium-sized businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Office Space for Lease Rental of office units ranging from 510 to 1,275+ square feet with varying configurations including private offices, kitchenettes, open areas, and meeting rooms on the 1st and 2nd floors, offered under gross lease rates that include water, electric, and garbage.
• Warehouse and Retail Space Mixed-use business park offering warehouse and retail space as part of approximately 150,000 square feet of useable space with diverse unit configurations for tenants across small and medium-sized businesses.
• Property Management Services All-inclusive property management services covering on-site management team, landlord services, maintenance support, 24-hour emergency availability, tenant relations, landscaping, utilities (water, electric, garbage), and security card access for tenants of the business park.

Quantifiable outcome

• 75 diverse tenants
• +1 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• W. P. Carey: Diversified net-lease REIT that owns single-tenant and multi-tenant commercial and industrial properties leased to SMBs. Comparable to Orcas Business Park's leased commercial real estate model and SMB tenant base, but at institutional scale.
• Prologis: Global industrial REIT that owns and leases warehouse and logistics space, including in the Seattle/Tacoma industrial corridor. Comparable to Orcas Business Park's warehouse-portion revenue stream but at vastly greater scale and institutional scale.
• Realty Income: Large net-lease REIT that acquires and leases commercial real estate to SMB and enterprise tenants under long-term contracts. Comparable to Orcas Business Park's subscription-like recurring rent model but at a much larger diversified scale.
• Vulcan Real Estate: Paul Allen's real estate arm and one of the largest commercial landlords in Seattle, with a broad South Lake Union and citywide portfolio. Comparable as a Seattle commercial real estate incumbent but at materially larger scale than Orcas Business Park.
• Kennedy Wilson: Global real estate investment company with significant exposure to commercial and office assets, including Pacific Northwest holdings. Comparable as a much larger commercial landlord with a multi-property, recurring-rent business model.

Direct peers

• Unico Properties: Pacific Northwest-focused commercial real estate owner and operator managing office and mixed-use assets in Seattle and Portland. Comparable to Orcas Business Park as a regional owner-operator of small-to-mid commercial space serving diverse local tenants.
• Sabey Corporation: Long-standing Seattle-based real estate firm that owns and operates office, industrial, and data center properties. Compares to Orcas Business Park in being a multi-use commercial landlord serving SMB and industrial tenants in the Seattle market.
• Goodman Real Estate: Pacific Northwest commercial real estate owner-operator focused on mixed-use and neighborhood retail/office properties. Comparable to Orcas Business Park's contiguous mixed-use business park model and SMB tenant base.
• Wright Runstad & Company: Seattle-based commercial real estate company that owns, develops, and manages office and industrial properties in the Puget Sound region. Acts as a direct comparable for Orcas Business Park's owner-operator small-to-mid commercial real estate model in the same Seattle market.
• Washington Holdings: Seattle-area commercial real estate investment and management firm focused on office, industrial, and mixed-use properties. Comparable to Orcas Business Park as a regional owner-operator of mixed-use commercial space in the Pacific Northwest.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=la_1LYYQ9yQ
• Facebookfacebook.com/orcasbusinesspark
• LinkedInlinkedin.com/company/orcas-business-park
• Instagraminstagram.com/orcasbusinesspark

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orcas Business Park