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HONDA DEALERSHIP LAND DEVELOPMENT SITE IN SEATTLE SELLS FOR $56.5M

SEATTLE — Washington State Convention Center Public Facilities District (WSCC) has purchased the Honda Dealership Land Development site in Seattle for $56.5 million. The development site totals about 86,935 square feet. The five parcels are located along Olive Way and Boren Avenue in the city’s Central Business District. Zoning will allow WSCC to develop multifamily, office, retail or hotel assets on the site. The seller, Cassieford Company, was represented by Stuart Williams, Lori Hill, Ann Chamberlin and David Young of Jones Lang LaSalle’s Capital Markets. Mickey Smith acted as an advisor.

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