90 North Goes for $117M in Off-Market Deal

90 North is situated on approximately 20 acres at 3255, 3265, 3156 and 3067 160th Ave. SE.

BELLEVUE, WA—The Puget Sound office market continues at its whipsaw pace amid another off-market transaction. Los Angeles-based Preylock Real Estate Holdings recently acquired 90 North, a four-building 256,703-square-foot office campus for $117 million. The property is fully occupied by two tenants, T-Mobile and Mindtree.

Newmark Knight Frank’s co-head of US capital markets Kevin Shannon, vice chairman Nick Kucha, executive managing directors Ken White, Tim O’Keefe and Mike Schreck, senior managing director Michael Moll, director James Childress, and associate director Rachel Jones represented the seller. The seller was a joint venture between affiliates of Chicago-based Walton Street Capital LLC and Seattle-based Talon Private Capital LLC.