Downtown Seattle's 1201 Third Avenue Building Hits Market
SEATTLE-The former headquarters of Washington Mutual Inc. has reached sales block. The owners of 1201 Third Avenue, a 55-story building in downtown Seattle, have put the property on the market for sale. The Seattle Times reported that the building is currently more than 80% occupied and could sell for more than $500 million.
The Third Avenue building is owned by Wright Runstad, a Seattle developer, Boston-based Beacon Capital Partners and San Francisco-based Shorenstein Properties. For the full story, go to Puget Sound Business Journal .
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