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BH Properties Acquires Seattle’s Olympic Block Office Building
BH Properties, a vertically integrated real estate investment company, has added an iconic Downtown Seattle property to its Pacific Northwest portfolio.
The firm acquired the historic Olympic Block building, a 74,660-square-foot creative office and mixed-use property in Seattle’s Pioneer Square neighborhood. With the acquisition, BH Properties’ Pacific Northwest regional operations, led by Managing Director Hughes McLaughlin, will move from its current location at 107 Spring Street.
Located at 101 Yesler Way, Olympic Block is comprised of the historic six-story Lippy Building, originally constructed in 1902, and a nine-story addition known as Olympic Block that was added in 1986. “Olympic Block checks all of the boxes, including the unsurpassed amenities within Pioneer Square, not to mention the ongoing $750 million master-planned redevelopment of the Seattle Waterfront,” said Jim Brooks, president of BH Properties.
BH Properties has been ramping up its presence in the region, and from the new Pioneer Square location, McLaughlin will continue to grow the firm’s real estate investment platform throughout Washington, Oregon, Idaho, and Montana.
