CANYON PARK HIGHLANDS II, III IN BOTHELL SELL FOR $38M

BOTHELL, WASH. — Canyon Park Highlands II and III, a pair of life science research/office buildings in Bothell, have sold to Senior Housing Properties Trust for $38 million. The 144,900-square-foot properties are located on 30thDrive about 20 miles northeast of Seattle. The buildings serve as the headquarters of Seattle Genetics, one of the city’s largest biotechnology companies. The seller, Washington Capital Management Inc., was represented by Lori Hill,Stuart WilliamsandAnn Chamberlinof Jones Lang LaSalle’s Capital Markets team and Daniel SegerandMark Flippo, leasing and market specialists with the firm.