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Real Estate
 Joe Nabbefeld Real Estate Editor |
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December 20, 2001
Real Estate Buzz: AT&T lease turns seller a quick profit
By JOE NABBEFELD
Real Estate Editor
Real Estate Editor
Andy Lakha landed a substantial gain by selling a 53,000-square-foot Quadrant Willows office building one year after buying it.
The key to Lakha's 37 percent gain: He bought the new structure empty and then signed AT&T Wireless to a long-term lease when rents were at their peak.
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Previous columns:
- Real Estate Buzz: Bellevue developer thinking small, 12-13-2001
- Real Estate Buzz: Opus lets Pacific Steps option lapse, 12-06-2001
- Real Estate Buzz: Gentlemen, start your bidding, 11-15-2001
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- Real Estate Buzz: Developer may be last e-mail holdout, 11-01-2001
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