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Press Releases Interbay Work Lofts sells for $19.5 million

Interbay Work Lofts sells for $19.5 million

Interbay Work Lofts sells for $19.5 million

Graham Street Realty’s acquisition of 1904 Franklin in Oakland was recently covered by the Puget Sound Business Journal:

San Francisco-based commercial real estate investment firm Graham Street Realty (GSR) has purchased Interbay Work Lofts in Seattle’s Interbay neighborhood for $19.5 million.

The seller of the three-story 64,024-square-foot property was Seattle-based Goodman Real Estate. The building has 63 work lofts. The deal closed Aug. 23.

“We are excited to acquire this one-of-a-kind office property in Interbay, which is quickly transforming into a significant nexus between some of Seattle’s most dynamic residential neighborhoods and downtown,” David Messing, co-managing principal of Graham Street Realty, said in a statement.

Read the full story at BizJournals.com