HAL Sells 7th & Madison Medical Building for $100M
SEATTLE-HAL Real Estate Investments, a Seattle-based company, has landed a big payday with the sale 7th & Madison, a 205,000-square-foot medical office building on the First Hill neighborhood of Seattle. Public records revealed that the fully leased building was sold for $100 million.
A limited partnership with the same Atlanta address as Prudential Real Estate Investors was the buyer. Seventh & Madison was developed in 2009 by Opus Northwest. HAL purchased the building for nearly $31 million in 2010. For the full story, go to Puget Sound Business Journal .
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