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Major Investor Bursts Into Seattle With High-Profile, Half-Billion-Dollar Acquisition

'Box The Space Needle Came In' To Be Sold to Boston Properties, One of the Biggest US Publicly Traded Property Firms
When it was constructed in 1969, Safeco Plaza was the tallest, fully habitable building created since the Smith Tower rose in 1914. (CoStar)
When it was constructed in 1969, Safeco Plaza was the tallest, fully habitable building created since the Smith Tower rose in 1914. (CoStar)
By Clare Kennedy
CoStar News
July 29, 2021 | 12:36 AM

A joint venture spearheaded by Boston Properties Inc. is paying $465 million for Safeco Plaza, a 50-story skyscraper that was the first in a boom that turned Seattle's downtown into the towering thicket of glass and steel it is today.

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