[New post] Essex Property Pays $52.5Mln for Seattle Office Property

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report Essex Property Trust has paid $52.5 million, or $709.43/sf, for Third & Broad, a 74,003-square-foot office property in Seattle. The San Mateo, Calif., REIT purchased the property from an entity of Cox M" New post on Commercial Real Estate Direct Essex Property Pays $52.5Mln for Seattle Office Property by Dan Moynihan Commercial Real Estate Direct Staff Report Essex Property Trust has paid $52.5 million, or $709.43/sf, for Third & Broad, a 74,003-square-foot office property in Seattle. The San Mateo, Calif., REIT purchased the property from an entity of Cox Media Group of Atlanta. It plans to eventually redevelop it into apartments. The property, at 2801 3rd […] Read more of this post Dan Moynihan | November 1, 2021 at 3:21 pm | Categories: General News | URL: https://wp.me/pcdE10-2jiU Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/11/01/essex-property-pays-52-5mln-for-seattle-office-property/