Unico Properties, a subsidiary of Unico Investment Group has purchased the 79,197-square-foot Marymoor Technology Building in Redmond, Wash. from an undisclosed seller for $23.5 million.
Representatives from Newmark Knight Frank and Broderick Group, commercial real estate agencies located in Bellevue and Seattle, respectively, represented the sellers in the acquisition, according to a May 13 press release. The property is leased to a single tenant.
The Marymoor Technology Building is situated on a 3.44-acre parcel and also includes a 144-stall surface parking lot. The building is bordered by NE 67th Court to the north and Marymoor Park to the west and south. It also allows immediate access to East Lake Sammamish Trail, which connects the cities of Redmond Sammamish and Issaquah.
