Tech giant’s AWS headquarters anchors single-asset commercial mortgage-backed security as office markets face uncertainty

Amazon’s commitment to its Seattle headquarters continues to fuel investor confidence, with the e-commerce giant’s Amazon Web Services division serving as the sole office tenant in a $285 million commercial mortgage-backed securities transaction that earned top ratings this week.

The deal centers on 1918 Eighth Avenue, a 36-story Class A office tower where Amazon occupies 659,150 square feet—representing 98.7 percent of the building’s rentable area. The property serves as AWS headquarters and sits just blocks from Amazon’s sprawling 4 million-square-foot main campus, positioning it as a critical extension of the company’s Seattle operations.

Morningstar DBRS assigned

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