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SEATTLE — American Realty Advisors has purchased a 317,000-square-foot mixed-use building in Seattle’s South Lake Union neighborhood for a reported $215 million. The 12-story high rise is located at 2201 Westlake.
Office and retail tenants include Amazon and global health company PATH. Amazon currently occupies more than half of the property. Bang & Olufsen, West Elm, Einstein Bagels and Ann Sacks Tile & Stone occupy the retail space.
American is acquiring all of the building’s office and retail components. The property also includes the 135-unit Enso condominiums.
The seller was Vulcan Real Estate. CBRE’s Kevin Shannon executed the transaction.