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October 7, 2022

Onni pays over $27M for SLU high-rise site

By BRIAN MILLER
Real Estate Editor

Photo by Brian Miller [enlarge]


The high-rise plan and land at 121 Boren Ave. N. have been on the market for at least five years. Planning began circa 2015. Onni Group has been the rumored buyer for the last two years or so. Now King County has finally recorded the over $27.1 million sale to Onni from H5 Capital. Both parties used LLCs in the deal, which works out to around $1,766 per square foot.


 
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