Pietromonaco Jackson Properties Acquires 253,000 SQFT Queen Anne Square in Seattle for $11MM

A Mercer Island value-add investor is running a proven distressed-office playbook at Seattle's Queen Anne neighborhood — paying $43 per square foot for a 51-percent-leased campus that sold for $134 per square foot in 2011, banking that renovation dollars and a recovering market will close that gap before the cycle ends. Mercer Island-based Pietromonaco Jackson […]