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June 22, 2004

Unico sells Renton complex for $19.2M

  • Washington Technical Center's new owner is not fazed that the 13 buildings are 40 percent vacant.
  • By MARC STILES
    Journal Staff Reporter

    Unico Properties sold Washington Technical Center in Renton for $19.175 million Monday to Transpacific Investments of Portland, a Unico official said.

    The off-market sale ends Unico's presence as a property owner in Renton. But a representative of the Seattle real estate company says it will remain active in the Southend city, where it manages 672,000 square feet of office space owned by HAL Real Estate.


     
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