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Blackstone affiliate sells Bothell, Wash., office property for $55M
StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity
Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
An affiliate of private equity giant The Blackstone Group Inc. sold the Canyon Park East office park in Bothell, Wash., for approximately $54.6 million, the Seattle Daily Journal of Commerce reported, citing Snohomish County records.
The seller, BRE WA Office Owner LLC, bought the asset at 22011-22215 26th Ave. SE and related addresses, as part of a bigger portfolio sale worth $220 million in 2015, according to the publication.