Publications

- July 1, 2015: Vol. 7, Number 7

To read this full article you need to be subscribed to Institutional Real Estate Asia Pacific

Asian investors hungry for US property

by Andrea Waitrovich

Hong Kong–based Gaw Capital Partners is one of a number of investment managers helping Asian investors satisfy their growing appetite for US property (see cover story, page 16). A group led by Gaw Capital has agreed to purchase the 141,213-square-metre Columbia Centre in Seattle from Beacon Capital Partners. An official statement has not been made, but Real Capital Analytics lists the sales price as US$725 million.

Columbia Centre contains 76 storeys of grade A office space above ground and seven storeys of various use below ground. Major tenants include Heller Ehrman White & McAuliffe LLP and Bank of America Corp.

Columbia Centre, located at 701 Fifth Avenue, is the tallest skyscraper in the downtown Seattle skyline. It is also the second-tallest structure on the West Coast, after Los Angeles’ 72-storey US Bank Tower. Columbia Centre was finished in 1985. The building’s structure is composed of three geometric concave f

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?