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 .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Begin receiving the Healthcare Real Estate Leader: A weekly examination of trends shaping this fast growing sector. Sign up here!
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.