$305M Buy of 901 Fifth is Expansion for Vanbarton
Vanbarton Group recently purchased 901 Fifth Ave. from Schnitzer West and Investcorp, marking its expansion into Seattle to pursue long-term investment strategies in this growing market.
SEATTLE—Vanbarton Group recently purchased 901 Fifth Ave. from Schnitzer West and Investcorp for $305 million. 901 Fifth is located at the corner of Fifth Avenue and Madison Street and is a 541,190-square-foot 41-story class-A building located in Seattle’s central business district.
The purchase of 901 Fifth marks Vanbarton’s expansion into Seattle to pursue long-term investment strategies in this growing market. Schnitzer West will continue to perform property management services for the tower, which is 100% occupied with key tenants including Pitchbook and Cray Inc., as well as an array of professional service and technology companies.