Buyers Snap Up Vintage Seattle Waterfront Buildings

Colman Building is a six-story 160,164-square-foot office building with ground-level retail.

SEATTLE—With the recent purchase of the Colman Building in Seattle’s iconic Waterfront, Unico Properties’ presence in the area now exceeds 1 million square feet. Unico Properties LLC predicts continuing appeal of the Waterfront due to redevelopment efforts.

“This was a great opportunity to acquire a classic Seattle asset known for its history and location that sits in the intersection of three transforming neighborhoods: the South CBD, Waterfront and Pioneer Square,” said Andrew Cox, Unico senior vice president and regional director. “Concurrent with the public-private marshaling of resources surrounding the redevelopment of Seattle’s Waterfront, Unico believes that we will see a continued increase in the desirability of these neighborhoods.”