Goodman Real Estate Sells 300,000 SF Medical Dental Building in Seattle for $113M


Bartel Drug Co., Deltek and The Polyclinic are part of the Medical Dental Building’s more than 130 tenant roster.

SEATTLE — Goodman Real Estate has completed the sale of the Medical Dental Building, a historic office/medical office building located in Seattle’s central business district. Menashe Properties acquired the asset for $113 million.

Constructed in two phases in 1925 and 1950, the 18-story landmark building was renovated in 2008 and recently underwent more than $25 million in building upgrades, including new lobby finishes and the creation of a winter garden common area. A diverse roster of over 130 professional tenants, including Seattle-based Bartell Drug Co., Deltek and The Polyclinic, occupy the building.

Kevin Freels, Logan Greer, Michael Leggett and Gerry Rohm of JLL Capital Markets represented the seller in the deal.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.

Related News