Search Results

January 15, 2020  

Seattle Office/Retail Building Listed

Invesco Real Estate is shopping the leasehold interest in a fully occupied office/retail building in downtown Seattle.The 160,000-square-foot property, at 413 Pine Street, is valued at roughly $100 million, or $625/sf. That price would translate to an initial annual yield of 5%. Eastdil Secured has the listing.About two-thirds of the space is occupied by office tenants, with a weighted average remaining lease term of 3.4 years. In-place rents are...

This article is free to subscribers of Real Estate Alert. If you are a subscriber, please sign in.

If you are not a subscriber, please complete the form below to purchase the article for $19.95.
First Name *
Last Name *
E-mail *
Card Number *
Expiration *
Card Code *
Address *
City *
State/Province *
Zip/Postal Code *

Purchase Article