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Hong Kong group buys Columbia Center?

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Mary Bruno
Columbia

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.

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Mary Bruno

By Mary Bruno

Mary was Crosscut's Editor-in-Chief and Interim Publisher. In more than 25 years as a journalist, she has worked as a writer, editor and editorial director for a variety of print and web publications,