
The Puget Sound Business Journal is reporting that the trade publication Real Estate Alert is reporting that "Asian investors led by Hong Kong-based Gaw Capital" are buying Seattle's Columbia Center for $725 million. According to Real Capital Analytics, writes the Journal, "Chinese investment in Puget Sound area commercial property more than doubled to $62.8 million from 2013 to 2014 ..." At 76 stories, the Columbia Center is the Northwest's tallest building.