Thursday, September 10, 2009

WAMU Center sold for $115,000,000

Hot off the press - Eric Pryne with the Seattle Times reports that WAMU Center sold for $115,000,000. Compare this to the $300,000,000 assessed value of the building, (which likely cost much more than that to build) and its clear that Russell (owned by Northwestern Mutual) just secured a very nice deal! Note that this works out to approximately $133 PSF.

Read More On The Transaction Here