THE MELBOURNE
The Melbourne is a privately held, 1927-built commercial office tower at 1511 Third Avenue in downtown Seattle that leases customizable, fully serviced office suites (703-4,942 sq ft) on long- and short-term arrangements to downtown Seattle professional services and legal tenants, managed by Doncaster Property Management.
- Company typePrivate
- Founded1927
- HeadquartersSeattle, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What THE MELBOURNE does
THE MELBOURNE (also referred to as Melbourne Tower) is a privately held commercial office building located at 1511 Third Avenue, at the corner of 3rd Avenue and Pike Street in downtown Seattle, Washington. The asset is a classic structure originally built in 1927 and extensively remodeled, featuring an elegant lobby, contemporary finishes, and natural light throughout. The building offers customizable office suites ranging from 703 to 4,942 square feet, supported by on-site, owner-occupied property management operated by Doncaster Property Management.
The company's single product line is flexible office space leasing, with both long-term and short-term lease options available. Tenants receive fully serviced offices with on-site maintenance, attentive management, and lobby attendant services. Pricing is quote-based, with a publicly disclosed promotional floor of $20 per square foot fully serviced and an active offer of up to six months of free rent. The building does not employ any proprietary technology platform; its competitive position is grounded in physical location (Walk Score 99, Transit Score 100), historic character, proximity to Pike Place Market and the waterfront, and personalized tenant service.
The customer base consists of professional services and legal sector tenants located in downtown Seattle, with documented long-term relationships including Quantum Consulting Engineers (20-year tenant) and the Washington Appellate Project/WACDL (18+ year tenant). Go-to-market is direct leasing via the building's website (melbournetower.com), phone, and on-site inquiries — no intermediary brokers or external distribution channels are referenced. The asset is privately owned, with no disclosed funding rounds, subsidiaries, parent company, or institutional investors.
THE MELBOURNE firmographics
Firmographics- Name
- THE MELBOURNE
- Legal name
- The Melbourne
- Website
- https://melbournetower.com
- Company type
- Private
- Founded year
- 1927
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Melbourne is a privately held, 1927-built commercial office tower at 1511 Third Avenue in downtown Seattle that leases customizable, fully serviced office suites (703-4,942 sq ft) on long- and short-term arrangements to downtown Seattle professional services and legal tenants, managed by Doncaster Property Management.
- Ownership category
- akta.pro rank
THE MELBOURNE industry classification
Industry- Product category
- Commercial Real Estate Leasing
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Real Estate (5311)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Office Property Management (BPAJAGAA)
Keywords
Where THE MELBOURNE is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
THE MELBOURNE business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Commercial Office Space Leasing: Revenue is generated through leasing office spaces to tenants on long-term and short-term lease arrangements. The building offers fully serviced office spaces with customizable layouts to meet tenant requirements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Office space starting at $20/sq ft |
Distribution channels1 record
Marketing channels2 records
THE MELBOURNE product offering
Product offeringCore offering
The Melbourne is a classic commercial office building (built 1927, extensively remodeled) at 1511 Third Avenue in downtown Seattle that leases customizable office spaces ranging from 703 sq ft to 4,942 sq ft on long- and short-term lease arrangements. The building provides fully serviced offices with on-site property management by Doncaster Property Management, natural light throughout, and tenant support services including maintenance and lobby attendant coverage.
Product overview
THE MELBOURNE is a classic commercial office building (built in 1927 and extensively remodeled) offering a single unified product: commercial office space leasing. The building provides customizable workspace solutions with flexible lease terms (long and short-term available), on-site property management, and tenant support services. Office spaces range from 703 sq ft to 4,942 sq ft and can be customized to tenant requirements.
Differentiator
Problem solved
Functional benefit
Products and services
- Office Space Leasing Fully serviced commercial office space available in customizable layouts ranging from 703 sq ft to 4,942 sq ft, offered on long- and short-term leases. Designed for businesses and organizations seeking professional office space in downtown Seattle with attentive on-site property management.
Quantifiable outcome
- Walk Score 99 - Almost all errands accomplished on foot
- +1 more outcomes
Companies that use THE MELBOURNE
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
THE MELBOURNE technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
THE MELBOURNE partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights3 records
THE MELBOURNE competitors and assessment
Company assessmentDirect peers
- SL Green Realty Corp. Manhattan's largest office landlord operating a direct-leasing model on vintage and modern Class A office properties with similar customization, full-service, and on-site management capabilities.
- Boston Properties (BXP): Largest publicly-traded developer and owner of Class A office properties in major U.S. markets including Seattle, with similar customizable workspace offerings and premium tenant services.
- Hudson Pacific Properties: Public REIT owning and operating Class A and creative office properties across the West Coast including Seattle, with similar direct-lease model and tenant focus on tech, media, and professional services.
- Douglas Emmett, Inc. Office REIT operating Class A office properties on the West Coast with similar direct-tenant leasing model to small and mid-sized businesses in coastal urban submarkets.
- Vornado Realty Trust: Premier office REIT focused on owning and leasing high-quality office properties in dense urban markets, with comparable customizable-suite and full-floor leasing model.
- Kilroy Realty Corporation: West Coast-focused office REIT leasing premier office space in Seattle, San Francisco, Los Angeles, and other Pacific markets, serving a similar professional services and technology tenant base.
- Empire State Realty Trust: Office REIT that owns, operates, and leases a portfolio of office and retail properties, emphasizing hands-on management and in-place tenant relationships much like The Melbourne's owner-operated approach.
Broad incumbents
- Brookfield Properties: Large diversified global real estate operator with significant U.S. office portfolio including Seattle assets, competing for similar tenants with comparable full-service, customizable, and amenitized offerings.
Regional players
- Martin Selig Real Estate: Long-standing Seattle commercial real estate owner-operator of office, retail, and industrial properties throughout the Puget Sound region, providing the closest submarket-and-business-model peer to The Melbourne.
- Wright Runstad & Company: Seattle-based commercial real estate investment and development firm focused on Class A office properties in downtown Seattle — a comparable regional competitor in the same submarket and product category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
THE MELBOURNE social profiles
Digital presenceTHE MELBOURNE financial estimates
Financial estimateRevenue estimate
Valuation estimate
THE MELBOURNE leadership team
Management profileNumber of profiles
THE MELBOURNE funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
THE MELBOURNE M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about THE MELBOURNE
What does THE MELBOURNE do?
The Melbourne is a classic commercial office building (built 1927, extensively remodeled) at 1511 Third Avenue in downtown Seattle that leases customizable office spaces ranging from 703 sq ft to 4,942 sq ft on long- and short-term lease arrangements. The building provides fully serviced offices with on-site property management by Doncaster Property Management, natural light throughout, and tenant support services including maintenance and lobby attendant coverage.
Is THE MELBOURNE a public or private company?
THE MELBOURNE is a private company. It is classified as unknown and is currently operating.
When was THE MELBOURNE founded?
THE MELBOURNE was founded in 1927. It employs 11 to 50 people.
Where is THE MELBOURNE based?
THE MELBOURNE is headquartered in Seattle, United States, in the North America region.
How does THE MELBOURNE make money?
One revenue line is on record: commercial Office Space Leasing.
Who are THE MELBOURNE's main competitors?
Direct peers on record are SL Green Realty Corp., Boston Properties (BXP), Hudson Pacific Properties, Douglas Emmett, Inc., Vornado Realty Trust, Kilroy Realty Corporation and Empire State Realty Trust. Brookfield Properties is listed as a broad incumbent. Regional players are Martin Selig Real Estate and Wright Runstad & Company.
Does THE MELBOURNE have an API?
No public API is recorded for THE MELBOURNE.
What industry is THE MELBOURNE in?
THE MELBOURNE's product category is Commercial Real Estate Leasing. Its primary akta.pro industry code is BPAJAGAA, Office Property Management. Its NAICS code is 531120 and its SIC code is 6531.