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Hines Scoops Up Trophy Seattle Office Tower in Deal That Tops $147 Million

Houston Developer Closes on Norton Building To Mark Property’s First Sale
Hines is planning extensive renovations to Seattle's Norton Building, which it acquired for more than $147 million. (CoStar)
Hines is planning extensive renovations to Seattle's Norton Building, which it acquired for more than $147 million. (CoStar)
CoStar News
November 20, 2021 | 12:20 AM

Hines is the latest high-profile investor to jump into the fast-growing Seattle market, this time with the purchase of a downtown office tower for more than $147 million. What sets the deal apart: The Houston developer's bid marks the building's first sale since it was developed in the late 1950s.

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