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April 29, 2015

Microsoft building sells for $51M

REDMOND — An entity related to Spear Street Capital of San Francisco paid $51.2 million for a three-story office building on Microsoft's Redmond campus.

Los Angeles-based Kilroy Realty Corp. is the seller. The building is at 15050 N.E. 36th St., and is leased to Microsoft.

Kilroy got about $419 per net square foot for the 122,100-square-foot building.

Property records show Kilroy paid $46 million for the property in 2010.




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