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October 5, 2021

LPC West and Invesco buy Unico's vacant new Cascadian building for over $164M

Real Estate Editor

Photo by Tim Rice Photography [enlarge]
Looking south, Cascadian is the new building on the north end of the former Pemco bock, at Harrison Street. Unico previously renovated the old south building (with orange widows), at Thomas Street, which now goes by 325 Eastlake or Amazon Atlas; Unico and Goldman Sachs sold that last year for $121 million.

Unico Properties received its certificate of occupancy for the new Cascadian building, at 330 Yale Ave. N., in August. Sellen built the nine-story, 211,066-square-foot project, which was designed by Perkins Will; Partners Group was Unico's financial partner. Over the summer, Broderick Group said that Cascadian was on the market, with no signed tenants.

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