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Coeur Pilates has secured its first studio location with a long-term lease at Benton on Burke, a newly constructed retail property at 1901 N 45th Street in Seattle’s Wallingford neighborhood. The lease covers a 1,843-square-foot space that will house the boutique fitness concept’s debut studio and serve as the brand’s initial physical presence in the market.
The new studio is located within a fresh retail development, positioning Coeur Pilates in a walkable, neighborhood setting. Wallingford was selected for its established character, pedestrian-friendly environment, and alignment with the company’s emphasis on community engagement. The choice of location reflects a focus on serving nearby residents and leveraging the neighborhood’s existing retail and lifestyle mix.
Kidder Mathews Senior Vice President Kelly Gaddis and Senior Associate Mia Ponce represented Coeur founder Iva Matkovic in the leasing transaction. Their role included advising the tenant and negotiating terms for the new studio at Benton on Burke. The representation underscores the involvement of an experienced regional brokerage firm in bringing a first-time retail fitness tenant to the project.
According to Ponce, the deal highlights how Seattle continues to function as a launchpad for new business concepts that connect technology and community-oriented services. While specific technology features of the concept are not detailed, the comment frames Coeur Pilates within a broader wave of businesses that aim to blend digital tools with neighborhood-based customer engagement.
The space leased by Coeur Pilates is part of a development by Rose Burke LLC. The project offered the tenant an opportunity for a tailored buildout, coordinated closely with a local landlord. That flexibility in design and fit-out was described as an important factor in translating the Coeur Pilates vision into a physical studio environment and customizing the space for its boutique fitness operations.
With this lease signing, Benton on Burke adds a fitness-focused retail tenant to its roster, while Coeur Pilates establishes its first brick-and-mortar studio in a centrally situated Seattle neighborhood known for its residential density and strong sense of local identity.
The post Coeur Pilates Signs Long-Term Lease for First Studio in Seattle’s Wallingford Neighborhood appeared first on CRE Market Beat.
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