Publications

Transactions - DECEMBER 6, 2018

Blackstone fund pays $540m for Seattle office

by Andrea Zander

Blackstone Group has acquired 800 Fifth Avenue in Seattle for $540 million on behalf of its U.S. core-plus real estate fund, according to media outlets.

J.P. Morgan Asset Management, majority owner, and Hines, operating partner, are sellers of the 934,000-square-foot office property.

Blackstone Property Partners is an open-end fund with approximately $29.8 billion in investment value.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.