SEATTLE-New York-based Tishman Speyer has sold Second & Seneca Building, a 22-story office building in downtown Seattle, for $186 million to an affiliate of San Francisco-based Rockwood Capital. The Second & Seneca office building, also known R2D2 Building or the Ban Roll-On building, was sold at discount.
The 434,000-square-foot building is currently 13% vacant. The transaction also includes an adjoining eight-story office property at 1101 Second Ave. Tishman bought Second & Seneca in April 2007 for $230 million. For the full story, go to Seattle Times .
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