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July 8, 2024

Coliseum sold at loss to mystery buyer

By JOURNAL STAFF

SEATTLE — The landmarked former Coliseum cinema, at 500 Pike St., sold last week for a bit over $8.9 million, according to King County records.

The seller was Coliseum Building LLC, associated with Principal Real Estate Investors, which acquired the building for $13 million in 2007. It was then leased to Banana Republic, which closed in 2020, and now has an arts organization partially filling the building as a short-term tenant.


 
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