Russell Building Sold for $64 Million

This story is a few days old, but here it is…

The News Tribune reports that the Russell Investment Group building on A Street was sold for $63.7 million to a Seattle investment group.

Ilahie Holdings Inc. will manage 909 A Street’s investment in the building, said Ilahie President Nate Dreon.

The private investment company bought the Russell headquarters building because it believes in the future of Tacoma, said Dreon.

$281 per square foot for the twelve story 226,000 square foot building.  Interesting.

Link to The News Tribune