Wallace Properties Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend

Bellevue-based Wallace Properties paid $6.6 million for the 22,658-square-foot Creekside Professional Center in CBRE's Northend office submarket, the highest price per square foot among the investor-led Puget Sound office acquisitions CBRE highlighted for the third quarter, while most other buyers in the region were either picking up discounted buildings or purchasing space to occupy themselves.