The newly renovated former home of Nordstrom didn't receive an"attractive" offer, Pine Street managing partner Matt Griffinrecently told local media. Local brokers say the "100% location"will be right back on the market when somebody hits the right pricepoint.
Current retail tenants in the 150,000-square-foot buildinginclude Bailey, Banks & Biddle, Coldwater Creek and UrbanOutfitters. Office tenants include Rivals.com and Web developerSaltmine.
Pine Street owns all four buildings adjacent to Westlake Park.It took control of the properties, known as the Seaboard block, in1996. The company is also the owner/developer of the nearby PacificPlace retail complex.
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