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November 1, 2019

Urban Renaissance Group spends $177M for downtown Seattle tower

  • The 21-story Park Place Building last sold for $115.8 million around a decade ago.
    Real Estate Editor

    Photo by Urban Renaissance Group [enlarge]
    The tower was last renovated by Gensler in 2012.

    Urban Renaissance Group announced the $177 million purchase of the Park Place Building, at 1200 Sixth Ave., which King County also recorded on Thursday. Public records indicate a loan from US Bank.

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