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July 10, 2019  

Stake Pitched in Seattle-Area Offices

Investors are getting a crack at a majority stake in a Bellevue, Wash., office complex worth about $275 million.The 480,000-square-foot downtown property, at 1100 112th Avenue NE, is owned by Gemini Rosemont Commercial Real Estate of Los Angeles. The estimated value translates to $573/sf. Eastdil Secured has the listing.The three-building complex is 95% leased, with a weighted average remaining lease term of 5.2 years. The tenant profile is...

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