Pacific Northwest Research Institute Announces Listing of Building at 720 Broadway in Seattle
Independent biomedical research institute lists 45,000-square-foot facility with Heartland, LLC as exclusive advisor
SEATTLE, Sept. 29, 2025 /PRNewswire/ -- Pacific Northwest Research Institute (PNRI) today announced that it has listed its 45,000-square-foot research facility at 720 Broadway in Seattle for sale. The Institute has engaged Heartland, LLC as the exclusive broker for the transaction.
The six-story property has served as PNRI's headquarters since 1988, housing laboratory, office, and meeting space. Its location along the Broadway corridor places it within one of Seattle's most active life sciences and medical districts.
Founded in 1956, PNRI scientists have advanced pioneering research into genetics, type 1 diabetes, and rare diseases. The decision to sell the property reflects the Institute's commitment to sustaining its research enterprise and positioning itself for the future.
"PNRI has always adapted to the evolving landscape of biomedical science, even in times when research funding has been especially challenging," said Mark Rieder, PhD, Chief Operating Officer of PNRI. "This decision positions us to pursue new opportunities for collaboration and growth, while ensuring that our discovery science and translational research continue to drive meaningful advances in human health."
The sale of 720 Broadway comes at a time of dynamic change within Seattle's life sciences ecosystem. By working with Heartland, LLC, PNRI will seek a buyer aligned with the future growth of the neighborhood and its role in the region's innovation economy.
About Pacific Northwest Research Institute (PNRI)
Pacific Northwest Research Institute (PNRI), founded in 1956, is an independent, nonprofit biomedical research institute dedicated to solving some of the most pressing questions in genetics and human health. PNRI scientists collaborate with partners locally, nationally, and globally to better understand and treat rare and common diseases alike.
About Heartland, LLC
Heartland is a Seattle-based real estate advisory and investment firm with more than 40 years of experience creating value for clients, including families and family-owned businesses, non-profit organizations, corporations, and real estate development companies. Heartland combines strategy development and analytical rigor with execution capabilities in real estate brokerage, asset management, capital markets, and development services to positively impact the communities, organizations and families with whom they work.
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SOURCE Pacific Northwest Research Institute