Unico Properties

  • Commonwealth Office Tower Sells for $69M

    One of the first glass box, mid-century design towers ever built sold for $69 million.

    Portland 06 July 2016 11:43
  • Jobs Fuel Accelerated SLU Multifamily Project

    A recently completed land deal indicates that multifamily developer Shea Properties is fast-tracking its first Seattle project. The company just acquired a one-acre site in South Lake Union for a reported $12 million. The transaction was completed with help from Kidder Matthews representatives, the company working on behalf of both Shea Properties, as well as seller Dexter Building LLC.

    Seattle 26 June 2015 20:27
  • Landmark Seattle Tower Sold for Second Time in Three Years

    What is arguably Seattle’s most historic office tower has just added another page to its history.

    West 05 February 2015 15:33
  • Skanska Trades M-U Property in Seattle

    National development company Skanska USA has sold its first Seattle property, Stone34, to a joint-venture buyer Unico Properties and the Laird Norton Co. for $70 million.

    West 23 December 2014 18:40
  • 65-Year-Old Downtown Portland Office Asset Trades Hands as Local Vacancies Dwindle

    One of Portland’s landmark office properties traded hands this week when a Unico Properties LLC-controlled investment fund paid a hefty $41 million for a downtown asset. The joint venture between Unico and Cigna Realty Investors purchased the Commonwealth Building from seller Commonwealth Acquisition LLC. Unico Properties previously acted as the property’s manager, a position that it will maintain after the transaction.

    Seattle 02 December 2013 16:44
  • Downtown Seattle Real Estate Market Set for Two New Deals

    The Logan Building offers tenants 108,000 square feet of office space in the city’s downtown area. With a strong occupancy rate of around 93 percent, major names currently residing at the five-decade-old building include the Downtown Seattle Association, as well as retailers Butch Blum and Specialty’s Café & Bakery. The Pike Place public market includes retailers such as Cinnamon Works, Crepe de France, Hands of the World, Johnson Berry Farm, Marakesh Leather and The Great Wind-Up. The anchor tenant is Pike Brewing Co.

    Seattle 18 February 2013 03:56

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