News
THE DEAL SHEET
March 1, 2012
| So many deals, so little time. Here's a sampler of what's gone down (and details on some of the things going up) in and around Seattle the past couple weeks. |
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| Second and Seneca, the 434K SF tower also known as the Ban roll-on building (yes, it's the one you think it is) was sold for $185.9M by Tishman Speyer to a group inventively named Second and Seneca Seattle LP. Second and Seneca (the company, not the building) is an affiliate of San Francisco-based Rockwood Capital. Not withstanding Amazon's recent purchase of three blocks in the Denny Triangle, the building is the largest real estate transaction to happen in Seattle in more than a year. Second and Seneca (the building, not the company) is a structure of many names: In addition to being nicknamed for a deodorant, it's also known as the R2-D2 building (its blue-green dome resembes the talkative but incomprehensible Star Wars droid). The building is actually named Safeco Center, but only its mom calls it that. |
