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October 4, 2017

Redmond offices sold for $39M

REDMOND — Three buildings in Redmond East, at 6222, 6244 and 6464 185th Ave. N.E., have sold for $39.2 million, according to King County records. The seller was BRE WA Office Owner LLC, an entity of The Blackstone Group.

Blackstone and Wells Fargo acquired the property in 2015 for $25.7 million as part of a larger $208 million local portfolio purchased from Arden Realty (a division of G.E. Capital Real Estate). That in turn was part of a $23 billion national portfolio trading between the same parties.


 
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