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Beacon Capital acquires 2 Seattle office buildings for $435M

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Beacon Capital acquires 2 Seattle office buildings for $435M

Beacon Capital Partners acquired the Metropolitan Park East and West office buildings in downtown Seattle for $435 million in what is the Puget Sound region's largest property sale so far in 2018, the Puget Sound Business Journal reported.

The 18- and 20-story buildings were sold by CBRE Global Real Estate, which paid roughly $273 million for them three years ago, according to the Aug. 10 report.

The properties were developed in the 1980s by Martin Selig Real Estate.

Eastdil Secured listed the buildings.