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Seattle & Northwest  + Seattle  + Office  |  March 23, 2026
Jasmine Kilman
By: Jasmine Kilman

Space Needle Buys Part of Pacific Science Center for $17M

The owners of the Space Needle have purchased part of Seattle’s Pacific Science Center for $17.25 million.

The sale amounts to more than 20% of the science center’s campus, including the Boeing IMAX Theater and part of the Ackerley Family Exhibit Gallery, reported the Seattle Times. The theater closed in February and is set to reopen in May. The entire 6.5-acre property is assessed at $157.8 million.

Pacific Science Center is a nonprofit science education organization based in Seattle. Its main science museum is on the grounds of the Seattle Center near downtown. The buyer is Center Art LLC, an entity owned by the Wright family and led by Ron Sevart, CEO of the Space Needle.

With the sale, the Space Needle expands its physical footprint in and near Seattle Center. Proceeds from the sale will help fund Pacific Science Center’s plans to improve its aging campus and buildings.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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