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600 Pine Street
SOLD

Jim Brooks Of BH Properties Acquires Seattle Retail Asset From Madison Marquette

600 Pine Street

Retail
clock iconSold 57 days ago
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Summary

Sale
WASHINGTON
Retail

The $88.25 million sale on 05/23/2024 involved a Retail property located at 600 Pine Street in Seattle, WA. The property was acquired by Jim Brooks of BH Properties from the seller Madison Marquette.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $88,250,000
  • Address: 600 Pine Street
  • Market: Seattle, WA
  • Buyer: Jim Brooks - BH Properties
  • Seller: Madison Marquette

BH Properties purchased Downtown Seattle's struggling Pacific Place mall and parking garage from Madison Marquette. The sale marked a significant decline from the previous owner's acquisitions in 2014 and 2016, where they paid $358 million for the property.

Details

Deal Summary
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SOLD
IMAGE: 05/23/2024 ADDRESS: 600 Pine Street MARKET: Seattle, WA ASSET TYPE: Retail BUYER: Jim Brooks - BH Properties SELLER: Madison Marquette SALE PRICE: $88,250,000 BSF: 234 ~ PPBSF: $377,137 NOTE: BH Properties has acquired Downtown Seattle's struggling Pacific Place mall and parking garage for $88.25 million, marking a stark decline from the $358 million paid by the previous owner, Madison Marquette, in separate purchases in 2014 and 2016.

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Address600 Pine Street

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