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March 18, 2016

King County's 25 largest real estate sales in 2015 brought in $4.8 billion

Puget Sound Business Journal

Melissa Crowe

The biggest real estate deal in King County during 2015 involved the tallest building in Washington and a buyer in Hong Kong.

Beacon Capital Partners sold Columbia Center to Gaw Capital Partners in a $711 million deal to become the No. 1 ranked transaction on the Puget Sound Business Journal's Top Real Estate Deals of King County List.

The List ranked commercial real estate deals that were completed in 2015 based on sale price. Information was provided by Kidder Mathews, First American Title and Insurance Co., and public property records.

The value of the sales prices for the Top 25 deals totaled $4.8 billion. The majority of the listmakers involved office space - totaling $2.86 billion in sales. Apartment complexes on the list collectively brought their sellers $1.17 billion.

For the entire list of King County's largest property deals, including the names of the buyers and sellers, see the March 18 print and online editions of the Puget Sound Business Journal.

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Coming up: In the March 25 edition, we'll run a list of the Puget Sound region's hospitals ranked by admissions in 2015.

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For the full story, go to Puget Sound Business Journal.

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