Updated Sep 14, 2026
Stephen C. Grey & Associates Secures $48 Million Refinance For Office Building In Seattle
744 North 34th Street
$48,000,000
$389/SF
Building Size
123,332 SF
Asset Type
Office
Closing
Sep 10, 2026
About this deal
AI
The Fremont Office Building located at 744 North 34th Street in Seattle, WA, is an office asset comprising 123,332 square feet. The property is currently managed by Stephen C. Grey & Associates.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $48,000,000
- Lender: Washington Federal Bank (WaFd Bank)
- Landlord: Stephen C. Grey & Associates
- Loan Type: Refinance
- Loan Date: 09/10/2026
Stephen C. Grey & Associates arranged for a refinance loan with WaFd Bank, facilitating the financial backing necessary for the management of the office building situated in the Fremont neighborhood of Seattle.
On the Map
$48,000,000
$389/SF
Office
View full map
Players
Santa Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Browse Santa office loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93