Marc Stiles (View Original)

Big payday for investors as Avvo’s Seattle office tower sells for $186 million

A Seattle real estate company and a global investment partner have sold a 20-story Seattle office building for $186 million, or nearly twice what they bought the tower for three and a half years ago.

Talon Private Capital and PGIM sold the 35-year-old 8th + Olive building to Morgan Stanley, according to a real estate excise tax affidavit that King County recently recorded. It’s the second time in four years that the partners have bought an older Seattle office property, filled it up with tech companies and sold it a few years later.

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Talon Private Capital, LLC

720 Olive Way
Suite 1020
Seattle, WA 98101

Call:

(206) 607-2550

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