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Zulily Building Sells For $27M, Bellevue Towers Sold Out

Photo: Joe Mabel

SODO—Seven years ago, Felton Properties spent roughly $9M buying the former cold-storage building at 2200 First Ave. and turning it into office space. Last week, the home of tech company Zulily was sold for nearly $27.7M to Urban Renaissance Group. That's a 38% bump. [PSBJ]

BELLEVUE—If you were holding out before buying a condo in Bellevue Towers, you missed the boat. All 539 new-construction condos in the two towers have officially been sold according to officials. The sellout comes roughly six months ahead of predicted schedule. The average sale price was $518 per square foot. [PSBJ]

CAPITOL HILL—Capitol Hill's Northwest School has unveiled their brand-new 38K square-foot facility at 401 E Pike, which includes "a league-size Gymnasium, 175-seat Black Box Theatre, two-tiered Dining Room, and a 6,000 square foot Rooftop Sports Field." The $19M project was designed by Mithun for the 500-student school. The rooftop sports field is the highest and largest of its kind in Seattle. [CHS]

Bellevue Towers

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