Mar 12, 2015

Seattle's Tallest Tower

The Pacific Rim and Seattle discovered with overseas  investors from various countries created a buyer's challenge. Jesse Tam noticed the new market trend for real estate investments in our area with overseas capital continues to grow. Since last year, several groups have inquired about our tallest tower in Seattle included speculations and discussions.  The latest news regarding Columbia Tower is finally on the market, but it will be at a premium price.  New growth, market trend, high tech, start ups, health tech are all part of this region..

Columbia Tower, Seattle's Tallest tower is for sale and available to interested buyers.

" Rumors had been around since last year that it is on the market and now this is the year It's been rumored for months that Columbia Center would go up for sale...The decision by Beacon Capital Partners to put the 76-story downtown Seattle tower up for sale puts an exclamation point on the region's office market, emphasizing that it's now a seller's market. Numerous assets are either on the market or soon will be as owners try to capitalize on rising values.


Beacon has been upgrading the building to attract more tenants, and the 1.6 million-square-foot building has been filling up with tenants...Beacon bought the building from Blackstone for $621 million in 2007