Search
 
Features

Seattle’s Coveted Spot Gives Rise to Office Demand

Approximately 18 months ago, 901 Fifth Office Tower underwent a transformative multi-million renovation, which was significant in bolstering its competitive position in the local market and attracting a buyer.

901 5th Avenue 901 Fifth Office Tower is a 541,190-square-foot 41-story class-A building in Seattle’s CBD.

SEATTLE—Originally built in 1973, 901 Fifth Office Tower is a 41-story class A, 541,190-square-foot property located at the corner of Fifth Avenue and Madison Street in the central business district. Approximately 18 months ago, it underwent a transformative multi-million lobby, conference center and executive board room renovation, which was significant in bolstering its competitive position in the local market and attracting a buyer.

This fait accompli culminated in Vanbarton Group LLC’s recent $305 million purchase from a partnership of Schnitzer West and Investcorp International Realty, marking its Seattle expansion in order to pursue long-term investment strategies.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

More from this author

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.