1505 FIFTH AND FIFTH & PINE
Project Impact
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Adaptive reuse of former Nordstrom downtown store
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Created two multi-tenant, mixed-use buildings totaling 230,000 SF
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Enhanced Pine Street’s pedestrian character with retail-oriented design
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Attracted nationally recognized retail tenants, strengthening Seattle’s retail core
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Contributed to the ongoing revitalization of downtown Seattle’s shopping district
Before Pine Street Group, there was Pine Street Associates—a predecessor firm that played a defining role in reimagining downtown Seattle’s retail core. The firm acquired the former Nordstrom store and transformed it into two modern buildings designed to be more open, inviting, and street-oriented.
The result was the Fifth & Pine Building, a five-story, 150,000-square-foot property that now houses retailers such as Sephora, All Saints Spitalfields, Urban Outfitters, and Anthropologie at street level, with offices above. Alongside it, the 1505 Fifth Avenue Building provides 80,000 square feet across six stories, blending retail at its base with office space above.
Together, these projects helped anchor the Pine Street corridor as a vibrant retail destination while creating flexible office environments above. Pine Street Group leased and managed both properties until their sale.