This week, Q13 News is all local, all morning in Bremerton!

Northwest’s tallest building sells for $711 million to Hong Kong investment firm

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

columbiacenter2SEATTLE (AP) — The Pacific Northwest’s highest building has been sold to Hong Kong investment company for $711 million.

The Seattle Times reports ( ) Hong Kong-based Gaw Capital Partners completed its purchase of the 76-story Columbia Center building on Friday. It’s one of the biggest real-estate transactions in the region’s history.

Real estate market experts could only remember two larger deals in Seattle, but both were for collections of buildings, including a $1.15 billion purchase of 11 buildings in South Lake Union. A Goldman Sachs affiliate made a bulk purchase in 2007 of a dozen properties in the Seattle area for $921 million.

Seattle’s tallest skyscraper has gone through several owners since it was built by developer Martin Selig in 1985.