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September 24, 2015

Lake Union Office Sells for $6M

CoStar Group

Dean Buenaventura

WCI Voice and Data sold the office buidling at 1945 Yale Ave. E in Seattle, WA to W.G. Clark Construction Co. for $6 million, or about $429 per square foot.

Built in 1957 and completely renovated in 2007, the two-story, 14,000-square-foot property sits on 0.3 acres in the Lake Union submarket of King County. The asset is currently occupied by the seller, with the buyer planning to occupy the entire building soon.

Jason Rosauer and Rob Anderson of Kidder Mathews represented the seller. Tim Foster of Kidder Mathews and Chris Langer of Broderick Group, Inc. represented the buyer.

Please refer to CoStar COMPS #3396214 for more information on this transaction.

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