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Real Estate

Lynn Porter
Real Estate Editor
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November 16, 2006

Real Estate Buzz: Pryde + Johnson buys BMW site

Real Estate Editor

Pryde + Johnson has bought an approximately 1.5-acre site at 714 E. Pike St., between Harvard and Boylston on Capitol Hill, and intends to develop a mixed-use complex there.

Norman Enterprises Inc. got nearly $8.96 million for the property, which now houses BMW Seattle. The dealership has five years left on its lease, and may relocate before the end of it, according to Curt Pryde.

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