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Casey Family Programs Pays $16.8 Mil for Westlake Properties

SEATTLE, WA-The four properties on Westlake Ave. total nearly 68,000 sf. The foundation paid nearly $6.15 million for the largest, a 27,900-sf office building that sold in October 1999 for just under $3.95 million.

By Janet Parker | Updated on March 02, 2001

SEATTLE, WA-Casey Family Programs, a nonprofit organization focusing on children and youth, has purchased four properties on 2.13 acres in the Westlake area of downtown. According to records provided by the Bellevue office of First American Title, Co., the structures, with various uses, total 67,992 and came with a combined sales price of just over $16.8 million. The seller of the properties at 1101, 1105, 1207 and 1219 Westlake Ave. was listed as High-West LLC and OMD Properties LLC. It was not clear from the records if the two sellers are related.

The first property at 1101 Westlake is listed as a 10,240-sf retail building, built in 1928 on 10,240 sf. CFP’s purchased this property for $1,538,900; however, records show that OMD Properties LLC purchased the property in March 2000 for $1,024,000.

The property at 1105 Westlake is a an 11,280-sf industrial warehouse built in 1969 on 15,360 sf. Its sale price to CFP was listed at $2,230,375.

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