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July 11, 2019
The iconic Smith Tower sold in January, as part of a larger portfolio sale, from Unico Properties to a Goldman Sachs-related LLC for almost $138 million. Unico still manages the building, where it had made significant investments since purchasing it in 2015. Those included a refurbished lobby and observatory, new shops and historical exhibits, and a new bar and cafe called Temperance in the old Chinese Room on the 35th floor. And this month the Pioneer Square landmark received a Toby award during the annual Building Owners and Managers Association conference in Salt Lake City. The category was for historical buildings. Unico's Lynda Collie said in a statement, “We are honored to receive the prestigious Toby award from BOMA International for our commitment to providing our best-in-class building operation, management and service at Smith Tower.”