SEATTLE-Brookfield Office Properties Inc. of New York has acquired two office towers, Metropolitan Park East and Metropolitan Park West, in downtown Seattle for $210 million. Chicago-based Walton Street Capital and New York-based Tishman Speyer were the sellers.

The two buildings, located at 1100 Olive Way and 1730 Minor Avenue, are currently 85% leased. Walton Street and Tishman Speyer bought the 700,000-square-foot office campus for $183 million in 2006 from Seattle-based Benaroya Co. For the full story, go to Puget Sound Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.