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King County Acquires Historic Dexter Horton Building In Seattle For $36.6M

Property Image
SOLD
$36,600,000
Craig Kinzer
Steve Schwartz
Sean Sussex

Washington

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Office335,000 SF
Sold 07/03/2024
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Property Image
SOLD

King County Acquires Historic Dexter Horton Building In Seattle For $36.6M

710 2nd Avenue

See Similar Deals
Office335,000 SF
Sold 07/03/2024
Craig Kinzer
Steve Schwartz
Sean Sussex
the dealplayerscompscontact
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Summary

WASHINGTON
Asset Type:Office
Price Per Square Foot:$109
Total Square Footage:335,000 SF
Transaction Type:Sale

The historic Dexter Horton Building, located at 710 2nd Avenue in Seattle, WA, was sold to King County for $36.6 million. This 15-story office property spans 335,000 square feet and was acquired at a price of $109 per square foot. The building is home to King County’s Department of Public Defense and other tenants.

Summary of transaction details:

Craig Kinzer, Sean Sussex, and Steve Schwartz from CBRE represented King County in the acquisition of the Dexter Horton Building, facilitating a deal that is expected to result in significant annual savings on leasing costs for the county.

Players

Craig Kinzer
CBRE
Craig Kinzer
1 deal$36.6M volume(206) 953-3333
BROKER
Steve Schwartz
CBRE
Steve Schwartz
1 deal$36.6M volume(425) 444-4005
BROKER
Sean Sussex
CBRE
Sean Sussex
1 deal$36.6M volume(206) 292-6041
BROKER

Details

SOLD
IMAGE: 07/03/2024 ADDRESS: 710 2nd Avenue MARKET: Seattle, WA ASSET TYPE: Office BUYER: King County BROKERS: Craig Kinzer, Sean Sussex & Steve Schwartz - CBRE SALE PRICE: $36,600,000 SF: 335,000 ~ PPSF: $109 NOTE: King County has purchased Seattle's historic Dexter Horton Building for $36.6 million, a move expected to save nearly $2 million annually in leasing costs. Located at 710 2nd Avenue, the 15-story, 335,000-square-foot building houses King County’s Department of Public Defense among other tenants.

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