-+ 0.00%
-+ 0.00%
-+ 0.00%
The Central Building in Downtown Seattle Listed for Sale
Share
Listen to the news

The Central Building in downtown Seattle, a 119-year-old historic landmark, has been listed for sale.

The property’s assessed value is $24.3 million, reported the Puget Sound Business Journal. The building was listed by Newmark without an asking price, and the approximately 200,000-square-foot structure is 30.6% leased.

In 2018, New York-based companies Brickman and GreenOak Real Estate purchased the property at 810 Third Avenue for $67.5 million. Kawa Capital Management acquired the property through a deed in lieu of foreclosure in 2023 and renovated it, adding amenities including a fitness center, bike room, lockers and showers.

The Central Building was built in 1907 and was designed by architect Charles Ronald Aldrich. It was designated as a city landmark by the Seattle Landmarks Preservation Board in 2008. Kawa Capital Management is a Miami-based alternative asset manager with $3 billion in assets under management.

The post The Central Building in Downtown Seattle Listed for Sale appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending