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Real Estate

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September 16, 2020

Belltown offices sell for $51M, more than doubling in value over two years

Real Estate Editor

Photo by Brian Miller [enlarge]
Universal Cells may now be the sole tenant of the building, but that couldn’t be verified before deadline.

The former Dendreon building, at 3005 First Ave., has sold for a little under $50.7 million, according to King County records. The buyer was BCal 3005 Property LLC, which is associated with Beacon Capital Partners and CalSTARS — the California state teachers pension fund.

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