Seattle Labor Temple Association, Inc. recently purchased a new commercial office building for $12.3 million, according to King County public records.
The 40,238-square-foot building, at 5030 1st Avenue South, sits on nearly two acres of land and was previously owned by the United Food and Commercial Workers Union Local No. 21.
The UFCW No. 21 is the largest private sector nonprofit in the state of Washington. It has more than 46,000 members working in retail, healthcare and other industry jobs, according to its website.
The building recently acquired by the Seattle Labor Temple Union is located within Seattle’s Industrial District, near Greater Duwamish and Georgetown. Nearby facilities include the United Recycling Seattle, Fedex Shipping Center, UPS Customer Center. The property is also in close proximity to Interstate-5, near the Duwamish River Waterway and on the same street as the former office location.
The former office building, at 2800 1st Ave., is currently being redeveloped by Faul, a seattle-based real estate developer.
“Faul will preserve this historic building by reimagining and reinventing form and functions from years’ past and adding amenities desired by today’s office user, creating welcoming interior and exterior common spaces for a sense of balance,” the company stated on its website.
No plans for redevelopment at the 5030 1st Avenue property have been announced.
The Seattle Labor Temple Association, Inc. could not be reached in time for publication.