KOMO-TV/radio building in Seattle sold for $276-Million!!!

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KOMO Plaza, built for former broadcaster Fisher Communications, houses the local ABC affiliate and other communications facilities. (Ellen M Banner/The Seattle Times)

 

The exterior of the building is used to depict the fictional hospital in “Grey’s Anatomy.”

December 22, 2016
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KOMO Plaza, which hosts the local ABC-affiliated TV and radio stations in the shadow of the Space Needle, has been sold for $276 million in one of Seattle’s biggest real estate deals of the year.

An entity linked to San Francisco-based investment firm GI Partners purchased the two-building campus along Denny Way, between 4th and 5th avenues, from an affiliate of Houston-based Hines Securities, according to sales records filed this week.

Hines made a big profit, after purchasing the plaza for $159.4 million from the station’s old owner, the former Fisher Communications, in 2011. Back then it was called Fisher Plaza.

 

Read More HERE

 

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