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December 31, 2019

Amazon Apollo building sells to investors for $270M

By BRIAN MILLER
Real Estate Editor

Rendering by studio216 for Graphite Design Group [enlarge]
The 12-story office building in South Lake Union last traded for $247 million in 2016.

In a year-end deal between institutional investors, the Amazon Apollo building, at 325 Ninth Ave. N., has traded for $270.1 million. The seller was an LLC related to Korean investment manager Mirae Asset Global Investments, which purchased the building soon after completion in 2016 for $246.8 million


 
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