Seattle & Northwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
The Roxborough Group Sells Corporate Campus Building in Kirkland for $32M
The Roxborough Group, a San Francisco-based real estate private equity firm, completed the sale of Building A-1at its Kirkland 405 Corporate Center campus to King County, Washington, for $32.6 million.
Building A-1 is a 66,483-square-foot former office property under a long-term, full-building lease with Connections Health Solutions, a King County mental health crisis center that provides behavioral health services. The Roxborough Group acquired two buildings with a combined 132,400 square feet at the K405 Corporate Center in Kirkland’s Totem Lake neighborhood in February 2019 for $35.7 million.
Connections Health Solutions raised $20 million in county and state grants to transform the building from a corporate office into a health care center in 2024. Following the sale of Building A-1, Roxborough retains ownership of the 65,917-square-foot Building A-2 on the campus, which is 92% occupied by technology and professional services tenants.
