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Amazon at Apollo Creative Office Building in Seattle Sells for $270M
Amazon at Apollo, a 12-story, state-of-the-art creative office building totaling 317,804 square feet in Seattle’s South Lake Union submarket, has traded hands for more than $270 million. Located at 325 Ninth Avenue North, the asset was built in 2015 as a build-to-suit for Amazon, which leases the project on a long-term basis.
The buyer was a joint venture between Tristar Capital LLC and RFR Holding, while the seller was Mirae Asset Global Investments.
The LEED Gold certified property is situated on .98 acres and features open creative build-outs, on-site public bike racks, shower/locker facilities, four levels of subterranean parking, ground floor retail, and a landscaped private outdoor terrace with views of Lake Union and the city.
NKF’s Kevin Shannon, Nick Kucha, Ken White, Rob Hannan, Michael Moll, and Alex Foshay, in cooperation with NKF local market expert Jesse Ottele, represented the seller. The buyer was self-represented.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
