{"id":1004481541,"date":"2020-10-01T03:38:00","date_gmt":"2020-10-01T11:38:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004481541"},"modified":"2020-10-01T04:29:05","modified_gmt":"2020-10-01T12:29:05","slug":"swift-real-estate-pays-72m-for-seattle-office-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/","title":{"rendered":"Swift Real Estate Pays $72M for Seattle Office Asset"},"content":{"rendered":"
\"\"<\/a>

Columbia West Building. Image via Google Street View<\/i><\/p><\/div>\n

Columbia West Properties has sold the Columbia West Building, a 137,349-square-foot office asset in Bellevue, Wash., to Swift Real Estate Partners for $72 million, according to Yardi Matrix. Walton Street Capital provided the buyer with $58 million in acquisition financing.<\/p>\n

The property previously traded for $47 million in December 2008, when Columbia West acquired it from Pistol Creek Co.<\/p>\n

Located at 155 108th Ave. NE, the property was completed in 1986 and is home to a diverse mix of tenants, including Thomson Reuters, several law firms and the building\u2019s namesake. The eight-story asset has a fitness center and a parking structure with 310 spaces. The structure also has 8,000 square feet of ground-level retail space, occupied by a credit union and a bistro.<\/p>\n

The Columbia West Building is in the heart of downtown Bellevue. In September, less than half a mile from the site, Amazon inked two leases for a planned, 2 million-square-foot expansion<\/a>. Developer Vulcan Real Estate broke ground on the projects in February, with the towers expected to deliver in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Class A property last changed hands in late 2008 for $47 million.<\/p>\n","protected":false},"author":861,"featured_media":1004481544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,21742,21747,1610,15],"tags":[34208,37674],"class_list":["post-1004481541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-latest","category-office","category-seattle","category-west","tag-swift-real-estate-partners","tag-walton-street-capital"],"acf":[],"yoast_head":"\nSwift Real Estate Pays $72M for Seattle Office Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swift Real Estate Pays $72M for Seattle Office Asset\" \/>\n<meta property=\"og:description\" content=\"The Class A property last changed hands in late 2008 for $47 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-01T11:38:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-01T12:29:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Columbia-West-Building.-Image-via-Google-Street-View.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Hamann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/\",\"name\":\"Swift Real Estate Pays $72M for Seattle Office Asset - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Columbia-West-Building.-Image-via-Google-Street-View.jpg\",\"datePublished\":\"2020-10-01T11:38:00+00:00\",\"dateModified\":\"2020-10-01T12:29:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9dada606742ec2aa010683bdabf468f4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/swift-real-estate-pays-72m-for-seattle-office-asset\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Columbia-West-Building.-Image-via-Google-Street-View.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/10\/Columbia-West-Building.-Image-via-Google-Street-View.jpg\",\"width\":800,\"height\":620,\"caption\":\"Columbia West Building. 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