Unico Properties paid nearly $37 million for the historic Colman Building, King County property records show.
The nearly 150,000-square-foot building at 811 First Ave. last sold in 1997 for $7.1 million to Colman Properties, according to public records, a limited partnership associated with Seattle developer John Goodman. Unico bought the property under the name Unico BOP Colman Building LLC.
The turn-of-the-century Colman Building was declared an historic landmark by the city of Seattle in 1990 and is on the National Register of Historic Places. Seattle-based Unico has not responded to a request for more information about the sale.
A website for the property lists nearly 110,000 square feet of office space and more than 32,000 square feet of retail space. Retail tenants include Starbucks, Fado Irish Pub and Club Contour. The original building was named for Seattle pioneer James Murray Colman and opened in 1904, according to the website.
Unico also recently acquired the Marymoor Technology Building in Redmond for $23.5 million. Google has space in the property for a “special project.”
Other Unico deals this year include the estimated $255 million purchase of Portland’s second-largest office building and the $710 million sale of Smith Tower to Goldman Sachs.