Dallas-based Stillwater Capital Investments and investment firm Pinnacle Partners are planning a...
Unico, Pinnacle Partners share $30M plan for historic building on Seattle waterfront
This article by Marc Stiles originally appeared in the Puget Sound Business Journal.
Great article highlighting Pinnacle’s investment in an adaptive reuse project, Washington Park, and our partnership with Unico Properties.
The approximately $30 million project includes a seismic retrofit and is the latest waterfront investment for Seattle-based Unico Properties, which acquired the Washington Park building three years ago for $1.3 million, in a bid to capitalize on the new waterfront park.
The project team said it’s creating flexible, move-in ready spaces expected to be available in the second quarter of next year. It’s marketing Washington Park to companies seeking “differentiated experience,” promoting the building’s high ceilings, tall windows that tenants can open and close, and unobstructed views of Puget Sound.