Schnitzer sells two more buildings
Seattle developer Schnitzer West, still shedding assets, sold two more office buildings in its Schnitzer North Creek business park in Bothell Friday for a total of $14.83 million, property records show.
The company sold seven other buildings at North Creek last week for $25.8 million.
Schnitzer has sold most of its local properties over the past 2-1/2 years as it gears up to build new office towers in downtown Seattle and downtown Bellevue.
Assets sold include the 1918 Eighth and 818 Stewart office towers in downtown Seattle and the Bravern office towers and retail mall in downtown Bellevue.
The two Bothell buildings sold Friday total about 77,000 square feet. The buyers were identified in public records as Redstone NC Office Center and Redstone NC Building I.