The300,000-square-foot office/medical building is located in Seattle'scentral business district.
SEATTLE—Long known for providing healthcare access for manydowntown employees, the historic Medical Dental Building wasrecently sold by Goodman Real Estate Inc. for $113 million toMenashe Properties Inc. The approximately 300,000-square-footoffice/medical building is located in the central business districtwithin Seattle's key retail corridor, adjacent to Nordstrom'sflagship store and a five-minute walk from Amazon's worldheadquarters campus.
The 18-story building was constructed in two phases in 1925 and1950, renovated in 2008 and recently received more than $25 millionin building upgrades, including new lobby finishes and the creationof a Wintergarden common area. The property includes a diverseroster of more than 130 professional tenants, primarily privatemedical/dental practices and office space. Bartell Drug Co., thecountry's largest and oldest family owned pharmacy headquartered inSeattle, anchors the building with a 12,606-square-footground-floor retail store. Additional major tenants include DeltekInc. and The Polyclinic.
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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.
