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Art Institute of Seattle Building Sold For $15.9M

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The five-story property at 2323 Elliott Ave., otherwise known as the home of the Art Institute of Seattle, has been purchased for $15.9M by a company affiliated with Seattle-based real estate company Unico Properties, reports the Puget Sound Biz Journal. The Institute, who was the seller, had paid $11.5M for the place in 1998. No word yet on what that means for the Art Institute, which was founded in 1946.

Sean Keeley

· Unico Properties pays $15.9M for Art Institute of Seattle building [Biz Journals]